AEIP welcomes Tax Omnibus proposal to support pension institutions and the Savings and Investments Union
AEIP welcomes the European Commission’s Direct Taxation Omnibus proposal, which seeks to simplify EU tax rules, reduce administrative burdens and support the competitiveness of the internal market.
For AEIP, the proposal is particularly relevant as it recognises the specific role of pension institutions as long-term investors in Europe’s economy. In particular, the proposed changes to the Parent-Subsidiary Directive would help remove withholding tax barriers for pension institutions, improving investment efficiency and supporting the objectives of the Savings and Investments Union. AEIP calls on the Council and the European Parliament to support this approach, while ensuring that the reform can deliver its benefits without unnecessary delay and that pension institutions investing through collective or pooled vehicles can effectively benefit from the exemption.
Read the full press release here.