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In France,
The bank wrote to me saying: that in accordance with article 120 3 of the Code of Civil Procedure, this distribution constitutes income declared in the IFOP which is subject to social security contributions and obligatory as a deposit by immediate debit from your cash account.
Once said, once done, it's up to me to sort it out.

If the form bothers me, I think they are right in substance (distribution of dividends in the form of shares).

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any clarification please?

Since Abbvie shares were received through a special distribution, there is dividend tax to pay.

But what is the cost price of Abbvie? The one of its IPO at the beginning of January? If I sell, I don't generate any capital gains?

THANKS

 

 

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