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Image header Agence Europe
Europe Daily Bulletin No. 9340
GENERAL NEWS / (eu) eu/taxation

Sweden referred to Court of justice for discrimination against foreign pension funds

Brussels, 09/01/2007 (Agence Europe) - On Tuesday the European Commission decided to refer Sweden to the European Court of Justice for its discriminatory pension tax legislation.

Under Swedish tax legislation, premiums paid by employers for occupational pension insurance taken with insurers that are established in other EU Member States or the EEA countries, are taxed as salary in the hands of the employee and pension payments are tax exempt; whereas contributions to domestic schemes are...

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