as far as I know, Windows PE doesn't use a GOT (global offset table), and PE DLLs are not truly position "independent" in the same sense as ELF shared libraries: a PE DLL is relocated at load time if the loader cannot (or decided not to, e.g. for security reasons) put it at the target base address.
and I don't remember msvc to have a -fpic equivalent, so I did some searching and many sources seem to indicate this is the case. here's some examples:
- the msvc compiler options reference doesn't have "pic" or "position":
- this gcc patch
- the intel compiler doesn't support
picon Windows