he dividend for the year 2017 that will be proposed to the shareholders at the General Meeting of 19 April 2018 amounts to €4.50 per share.
This amount is paid out entirely from Foncière des Régions’ earnings exempt from corporate income tax in accordance with the SIIC regime. It is therefore not eligible for the 40% tax rebate.
Two tax deductions withheld at source are applied on the dividend (gross amount before deduction): income tax prepayment of 12.8%* (if the shareholder has not sent in a request for exemption) and social security contributions at a rate of 17.2%, representing a total deduction of 30% withheld at source.
In this way:
* The 12.8% income tax prepayment is deducted when the dividend is paid. If the beneficiary opts for taxation at the sliding income tax scale, this 12.8% deduction is set off against the income tax due for the year that the dividends are received. If it exceeds the tax due, the surplus will be returned. As a result, the prepayment deducted in 2018 will be set off against the taxes due in 2019 on the basis of the revenues received in 2018. If the beneficiary does not opt for taxation at the sliding income tax scale, the deduction is finale.