Insurance Europe

Insurance Europe updates information concerning the taxation of insurance products

There are constantly questions regarding the taxation of premiums and benefits of insurance-like occupational pension schemes and private life insurance products in comparison with other European countries. Now two updated tables from Insurance Europe provide an overview in this regard.

The two tables are available in English on the website of Insurance Europe (Tax treatment of 2nd and 3rd pillar pension products) (as of September 2014).

The “Income tax treatment of 2nd pillar pension products” table contains information about occupational pension schemes. The second table, “Income tax treatment of 3rd pillar pension products,” provides an overview of private life insurance products.