- 1
- The existing taxes to which the Agreement shall apply are in particular:
-
- a)in the Netherlands:
- -the income tax (inkomstenbelasting),
- -the wages tax (loonbelasting),
- -the company tax (vennootschapsbelasting), including the Government share in the net profits of the exploitation of natural resources levied pursuant to the Mining Act of 1810 (Mijnwet 1810) with respect to concessions issued from 1967, or pursuant to the Netherlands Continental Shelf Mining Act of 1965 (,,Mijnwet Continentaal Plat, 1965”),
- -the dividend tax (dividendbelasting), (hereinafter referred to as "Netherlands tax");
- b)in Nigeria:
- -the personal income tax,
- -the companies income tax,
- -the petroleum profits tax,
- -the capital gains tax,(hereinafter referred to as "Nigerian tax").
- 2
- This Agreement shall apply also to any identical or substantially similar taxes which are imposed after the date of signature of the Agreement in addition to, or in place of, the existing taxes. The competent authorities of the States shall notify each other of any substantial changes which have been made in their respective taxation laws.