EC demands equal taxation for German and foreign pension funds

clock

EUROPE/GERMANY - The European Commission asked Germany to amend its legislation on taxation of dividends paid to German pension funds, arguing the higher tax paid by foreign investors is discriminatory against non-German pension funds.

Under current German legislation, dividends by German companies to German Pensionskassen - a type of German pension fund - are either subject to a reduced withholding tax rate, or the Pensionskasse...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Germany

German institutions take 'safety first' approach to investments

GERMANY - Germany's institutional investors are not only interested in returns, but also the safety of those returns, according to a study published by Union Investment.

clock 26 October 2011 •

Allianz restructure broadens PIMCO's reach

GERMANY/US - German insurer Allianz has announced a restructure of its asset management business that gives subsidiary PIMCO, the world's largest bond manager, more freedom around distribution of its products.

clock 07 September 2011 •

Institutional interest in sustainable investing grows in Germany

GERMANY - Germany's status as a leading centre for shareholder engagement on sustainability and corporate governance has been reinforced by research finding two thirds of institutional investors favour using such issues when investing, and most follow...

Investment Europe
clock 03 August 2011 •
Trustpilot