Question ID: 2924
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Article: N/A
Template: S.14.01
Status: Final
Date of submission: 07 Dec 2023
Question
Fiscal treatment of the products - C0055: More interpretative details are requested on the options provided by the field. In particular, confirmation is requested on the following classification: i) all pension products in category 2 ("In case of lapse/surrender past or future tax benefits or other subsidies are lost"); ii) financial products in category 3 (" Other tax related losses not covered above"); iii) Term-life insurance and LTC in category 4 ("not applicable").
EIOPA answer
For the purposes of this filed, no general classification can be provided. Instead, the classification of a contract will generally depend on the tax regime and on the specifics of the contractual arrangements.