EFRP to formally complain against discriminatory tax treatment

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EUROPE - The European Federation for Retirement Provision (EFRP) in conjunction with PwC is preparing formal complaints with the European Commission against 13 member states including the UK, the Netherlands and Germany on discriminatory tax treatment of foreign pension funds.

The provisional report, which establishes how pension funds suffer discriminatory treatment when making cross border investments in bonds and shares, found that in 13 member states including Irelan...

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