In its input to the EC consultation on withholding taxes and the new EU system to avoid double taxation, PensionsEurope e.g.:

- reminds that we have stressed for a long time that the relief at source is the best practice for pension funds, but there are also many other recent WHT proposals which the EC should thoroughly consider;
- reminds that in many countries pension institutions invest cross border via specialised investments funds and/or vehicles to increase the economies of scale, and it is important to ensure a tax-neutral treatment of these investment structures as well;
- stresses that establishing a cross-border investment-friendly tax environment in the EU not only requires removing unfair tax treatment but also introducing tax incentives.