For French tax residents, the taxable gain from the sale of fund units is defined as the difference between the redemption value of the units and the average purchase value of these shares.
The gain is subject to social security contributions as well as income tax, through a flat tax of 30% ("flat tax"). It should be noted that investors may, under certain conditions, request exemption from income tax (12.8%).
This tax is levied by Younited Credit at the time of resale, and the amount is transmitted to the tax authorities.
Investors receive each year (at the beginning of the year) a single tax form (IFU) which allows them to declare income to the tax authorities.
For non-French Tax residents, please ask your tax advisor.