Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

U.S. Holder will be required to disclose its investment by filing Form 8886 with the IRS. A penalty inthe amount of U.S.$ 10,000 in the case of a natural person and U.S.$ 50,000 in all other cases isgenerally imposed on any taxpayer that fails to timely file an information return with the IRS withrespect to a transaction resulting in a loss that is treated as a reportable transaction. Accordingly, if aU.S. Holder realizes a loss on any Note (or, possibly, aggregate losses from the Notes) satisfying themonetary thresholds discussed above, the U.S. Holder could be required to file an information returnwith the IRS, and failure to do so may subject the U.S. Holder to the penalties described above. Inaddition, the Issuer and its advisers may also be required to disclose the transaction to the IRS, and tomaintain a list of U.S. Holders, and to furnish this list and certain other information to the IRS uponwritten request. Prospective purchasers are urged to consult their tax advisers regarding theapplication of these rules to the acquisition, holding or disposition of Notes.5. EU Savings DirectiveUnder EC Council Directive 2003/48/EC on the taxation of savings income, each EC Member State isrequired, from 1 July 2005, to provide to the tax authorities of another EC Member State details ofpayment of interest (or similar income) paid by a person within its jurisdiction to an individualresident in that other EC Member State. However for a transitional period, Belgium, Luxembourg andAustria are instead required (unless during that period they elect otherwise) to operate a withholdingsystem in relation to such payments (the ending of such transitional period being dependent upon theconclusion of certain other agreements relating to information exchange with certain other countries.Also with effect from 1 July 2005, a number of non-EC countries, including Switzerland, and certaindependent or associated territories of certain EC Member States have agreed to adopt similarmeasures (either provision of information or transitional withholding) (a withholding system in thecase of Switzerland) in relation to payments made by a person within its jurisdiction to, or collectedby such a person for, an individual resident in an EC Member State. In addition, the EC MemberStates have entered into reciprocal provision of information or transitional withholding arrangementswith certain of those dependent or associated territories in relation to payments made by a person in anEC Member State to, or collected by such a person for, an individual resident in one of thoseterritories.However, investors should note that the European Commission announced proposals to amend theSavings Directive. If implemented, the proposed amendments would, inter alia, extend the scope ofthe Savings Directive to (i) payments made through certain intermediate structures (whether or notestablished in an EC Member State) for the ultimate benefit of an EU resident individual, and (ii) awider range of income similar to interest.339