Interactive Brokers announced the launch of Plan d’Epargne en Actions (PEA Classique) accounts, offering favorable tax exemptions for eligible French clients. This makes Interactive Brokers the first non-French broker to provide PEA accounts.
These accounts allow French tax-resident clients to build diversified portfolios with an extensive selection of French and European stocks, ETFs, and mutual funds, while benefiting from a preferential tax structure and low costs.
Steve Sanders, EVP of Marketing and Product Development, stated that this is an important step in accelerating growth in France, providing French investors with a comprehensive platform for both tax-advantaged and traditional investments across global markets.
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