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ARTICLE · 17 SEPTEMBER 2025

Mise À Jour Du BOFiP Relatif Aux BSPCE

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Depuis le 1er janvier 2025, les titres souscrits en exercice de bons de souscription de parts de créateurs d'entreprises (« BSPCE ») sont soumis à une nouvelle distinction entre deux catégories de gains...

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Depuis le 1er janvier 2025, les titres souscrits en exercice de bons de souscription de parts de créateurs d'entreprises (« BSPCE  ») sont soumis à une nouvelle distinction entre deux catégories de gains : d'une part, le gain d'exercice, assimilé à un avantage de nature salariale et, d'autre part, le gain net de cession, traité en principe comme une plus-value mobilière. L'administration publie ses commentaires sur ce nouveau régime dans une série de bulletins en date du 12 août 2025.

Le gain d'exercice correspond à l'écart entre la valeur réelle des titres souscrits au jour de leur exercice et le prix fixé lors de l'attribution des bons. Si le bénéficiaire exerce ses fonctions dans la société émettrice depuis au moins trois ans à la date de la cession des titres, le gain est imposé au taux de 12,8 % (ou, sur option, en salaire soumis au barème progressif de l'impôt sur le revenu) auquel s'ajoute 17,2 % de prélèvements sociaux, soit un taux global

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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