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Finance

PEA

Equity Savings Plan

French tax wrapper enabling investment in European equities with income tax exemption after 5 years.

Updated

Full definition

€150,000 ceiling, tax exemption on capital gains and dividends after 5 years (excluding 17.2 % social levies). Invests in eligible equities or ETFs (European Union + Norway, Iceland, Liechtenstein). Average carbon intensity of a PEA tracking CAC 40 is around 140 tCO2e per million euros invested per year, driven by TotalEnergies, EDF, ArcelorMittal and Vinci.

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