339 Exchange controls Material contracts Taxation I Certain Netherlands tax consequences for holders of shares There are no material contracts. There are no legislative or other legal provisions currently in force in the Netherlands or arising under Aegon’s Articles of Association  restricting remittances to holders of Aegon’s securities that are not resident in the Netherlands. Cash dividends payable in euros on  Aegon’s common shares may be officially transferred from the Netherlands and converted into any other convertible currency. The following section outlines certain material Netherlands tax consequences of the acquisition, holding, redemption and disposal of  Aegon common shares, but does not purport to be a comprehensive description of all Netherlands tax considerations that may be  relevant. This section is intended as general information only and each prospective investor should consult a professional tax adviser  with respect to the tax consequences of an investment in Aegon common shares. This section is based on tax legislation, published case law, treaties, regulations and published policy, in each case as in force as of the  date hereof, and it does not take into account any developments or amendments thereof after that date whether or not such  developments or amendments have retroactive effect. This section does not address the Netherlands tax consequences for: Where this section refers to the Netherlands, such reference is restricted to the part of the Kingdom of the Netherlands that is situated  in Europe and the legislation applicable in that part of the Kingdom. i.  Investment institutions  (fiscale beleggingsinstellingen) ;  iii. corporate holders of Aegon common shares, the shareholding of which qualifies for the participation exemption  (deelnemingsvrijstelling)  of the Netherlands corporate income tax act 1969  (Wet op de vennootschapsbelasting 1969) . Generally  speaking, a shareholding is considered to qualify as a participation for the participation exemption if it represents an interest of 5%  or more of the nominal paid-up share capital; iv. holders of Aegon common shares holding a substantial interest  (aanmerkelijk belang)  or deemed substantial interest  (fictief  aanmerkelijk belang)  in Aegon and holders of Aegon common shares of whom a certain related person holds a substantial interest  in Aegon. Generally speaking, a substantial interest in Aegon arises if a person, alone or, where such person is an individual, together  with his or her partner (statutory defined term), directly or indirectly, holds or is deemed to hold (i) an interest of 5% or more of the  total of capital issued by Aegon or of 5% or more of the issued capital of a certain class of Aegon shares, (ii) rights to acquire,  directly or indirectly, such interest or (iii) certain profit sharing rights in Aegon; vi. entities which are a resident of Aruba, Curacao or Sint Maarten that have an enterprise which is carried on through a permanent  establishment or a permanent representative on Bonaire, Sint Eustatius or Saba, to which permanent establishment or permanent  representative the Aegon common shares are attributable; viii.individuals to whom Aegon common shares or the income therefrom are attributable to employment activities which are taxed as  employment income in the Netherlands.  v. persons to whom the beneficial interest in Aegon common shares is attributed based on the separated private assets  (afgezonderd  particulier vermogen)  provisions of the Netherlands income tax act 2001  (Wet inkomstenbelasting 2001) ; vii. holders of Aegon common shares which are not considered the beneficial owner  (uiteindelijk gerechtigde)  of these shares or of the  benefits derived from or realised in respect of the Aegon common shares; and ii. pension funds, exempt investment institutions  (vrijgestelde beleggingsinstellingen)  or other entities that are exempt from  Netherlands corporate income tax;