Subject to the provisions of
article 244 bis B, the provisions of
Article 150-0 Adoes not apply to capital gains realised on transfers for valuable consideration of transferable securities or corporate rights made by persons who are not domiciled in France for tax purposes within the meaning of
Article 4 B,or whose registered office is located outside France, as well as capital gains realised by these same persons when an issuing company repurchases its own securities.
The same applies to capital gains realised by international organisations, foreign States, central banks and the public financial institutions of these States where the conditions set out in
Article 131 sexiesare fulfilled.

