Contribution and sale of shares: deferred capital gains no longer wiped out on gift or inheritance

A capital gain on a contribution of shares placed under tax deferral (Article 150-0 B ter of the CGI, General Tax Code) would become taxable, for both income tax and social levies, when the contributor transfers free of charge the shares received in return for the contribution. Until now, this type of transfer could permanently cancel the tax. A symmetrical mechanism would apply to taxpayers subject to the 'exit tax'.