Artikel 3

1. This Agreement shall apply to the following taxes imposed by the Parties:
a) in the case of Aruba: (i) Income tax (Inkomstenbelasting);
(ii) Wage tax (Loonbelasting);
(iii) Profit tax (Winstbelasting);
(iv) Dividen1)[Red: Noot redactie: hier dient „Dividend” gelezen te worden.] withholding tax (Dividendbelasting);
(v) Succession tax (Successiebelasting);
(vi) Turn over tax (Omzetbelasting);
(i) Income tax (Inkomstenbelasting);
(ii) Wage tax (Loonbelasting);
(iii) Profit tax (Winstbelasting);
(iv) Dividen1)[Red: Noot redactie: hier dient „Dividend” gelezen te worden.] withholding tax (Dividendbelasting);
(v) Succession tax (Successiebelasting);
(vi) Turn over tax (Omzetbelasting);
b) in the case of Bermuda: The existing taxes which are the subject of this Agreement are direct taxes of every kind and description.
2. This Agreement shall also apply to any identical or substantially similar taxes imposed after the date of signature of the Agreement in addition to or in place of the existing taxes. The competent authorities of the Contracting Parties shall notify each other of any substantial changes to the taxation and related information gathering measures covered by this Agreement. Furthermore, the taxes covered may be expanded or modified by mutual agreement of the Contracting Parties in the form of exchange of letters.