Press Release: Direct taxation: European Commission requests Czech Republic and Sweden to end discriminatory treatment for pensions

The European Commission has formally requested the Czech Republic and Sweden to amend discriminatory provisions with regard to the taxation of pensions. The discriminatory regimes in question regard the more favourable tax treatment that domestic pension insurance schemes receive compared to similar foreign schemes in the Czech Republic, and the discrimination against non-resident pension funds compared to domestic funds when it comes to taxing dividends in Sweden. The requests take the form of 'reasoned opinions" (second stage of an infringement proceeding). In the absence of satisfactory responses within two months, the Commission may refer these Member States to the EU's Court of Justice.