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ARTICLE · 12 OCTOBER 2026

Cession De Titres De Participation : Nouvelle Présomption D’Application Du Régime Du Long Terme

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L'administration fiscale française a publié de nouvelles directives concernant le mécanisme permettant aux sociétés soumises à l'impôt sur les sociétés d'inscrire certains titres de participation dans un sous-compte dédié, créant ainsi une présomption irréfragable d'application du régime du long terme. Ce dispositif, issu de la loi de finances pour 2026, vise à sécuriser l'application du régime fiscal favorable aux plu

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Laurent Borey
Laurent Borey
Benjamin Homo
Benjamin Homo
Christopher Lalloz
Christopher Lalloz
Elodie Deschamps
Elodie Deschamps
Nicolas Danan
Nicolas Danan
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L'administration fiscale a commenté le nouveau mécanisme issu de la loi de finances pour 2026 permettant aux sociétés soumises à l'impôt sur les sociétés d'inscrire certains titres de participation dans un sous-compte dédié faisant naître une présomption irréfragable d'application du régime du long terme (BOFiP, ACTU-2026-00081, 22 juillet 2026).

Ont ainsi été modifiés les BOFiP suivants : BOI-BIC-PDSTK-10-20, BOI-BIC-PVMV-30-10, BOI-IS-BASE-10-30, BOI-IS-BASE-20-20-10-10 et BOI-IS-BASE-20-30-30.

Rappel des principes applicables :

Conformément à l’article 219, I-a quinquies du code général des impôts (« CGI »), dit régime du long terme, l'imposition à l'impôt sur les sociétés (« IS ») d'une plus-value de cession de titres de participation (et assimilés) détenus pendant au moins deux ans, peut être limitée à l'imposition d'une quote-part de frais et charges de 12 %, soit un taux effectif d'IS de 3 % (hors contribution sociale sur l’IS).

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