Prospectus supplement US007924AH66 - Aegon

TAXATION IN THE NETHERLANDS
The following summary describes the material Netherlands tax consequences of the acquisition,
holding, redemption and disposal of common shares in AEGON N.V. or an interest in the debt
securities, but does not purport to be a comprehensive description of all Netherlands tax considerations
that may be relevant to a decision to acquire, hold, convert or dispose of the common shares or the
debt securities. This summary 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
common shares and/or debt securities.
This summary is based on the Netherlands tax legislation, published case law, treaties, regulations
and published policy, in force as of the date of this prospectus, though it does not take into account
any developments or amendments thereof after that date whether or not such developments or
amendments have retroactive effect.
A discussion of any material Netherlands tax consequences associated with investing in warrants,
units, purchase contracts or any other debt securities will be included in the related prospectus
supplement or pricing supplement.
For the purposes of this summary we have assumed that AFC is not a resident, nor deemed to be
a resident, of the Netherlands for Netherlands tax purposes.
In respect of the common shares of AEGON N.V., this summary does not address the Netherlands
tax consequences for:
for:
(A) Holders of common shares holding a substantial interest (aanmerkelijk belang) in
AEGON N.V. Generally speaking, a holder of common shares holds a substantial interest in
AEGON N.V. if such holder of common shares, alone or, where such holder is an individual,
together with his or her partner (statutory defined term) or certain other related persons,
directly or indirectly, holds (i) an interest of 5% or more of the total issued capital of
AEGON N.V., or of 5% or more of the issued capital of a certain class of shares of
AEGON N.V. (ii) rights to acquire, directly or indirectly, such interest or (iii) certain profit
sharing rights in AEGON N.V.;
(B) Pension funds or other entities that are exempt from Netherlands corporate income tax;
(C) Investment institutions (fiscale belegginsinstellingen) and exempt investment institutions
(vrijgestelde fiscale beleggingsinstellingen);
(D) Corporate holders of common shares holding, alone or together with related corporate
entities, a participation (deelneming) in AEGON N.V. Generally speaking, a shareholding is
considered to qualify as a participation if it represents an interest of 5% or more of the
nominal paid-up share capital.
In respect of the debt securities this summary does not address the Netherlands tax consequences
(A) Holders of debt securities holding a substantial interest (aanmerkelijk belang) in AEGON N.V.
Generally speaking, a holder of debt securities holds a substantial interest if such holder of
debt securities, alone or, where such holder is an individual, together with his or her partner
(statutory defined term) or certain other related persons, directly or indirectly, holds (i) an
interest of 5% or more of the total issued capital of AEGON N.V., or of 5% or more of the
issued capital of a certain class of shares of AEGON N.V. (ii) rights to acquire, directly or
indirectly, such interest or (iii) certain profit sharing rights in AEGON N.V.;
(B) Pension funds or other entities that are exempt from Netherlands corporate income tax;
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