Tax-Efficient Savings in France: Assurance-Vie, PEA & Livret A

Assurance-vie gains are taxed at a flat 30% (PFU) for contracts under 8 years; after 8 years, the first €4,600 (€9,200 for couples) of annual gains is tax-free, with the rest taxed at 24.7%. The Plan d'Épargne en Actions (PEA) is tax-free on gains after 5 years (only social charges apply).