Company: INGVF
Filing Date: 2025-04-24
Form Type: F-3ASR
Source: 0001193125-25-093692
Chunk: 141

Company: ING GROEP NV
Filing Date: 2025-04-24
Form: F-3ASR
Chunk 141
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 (ii) | the holder is an individual, and such income or gain qualifies as income from miscellaneous activities in The                                                                                                       
 Netherlands (resultaat uit overige werkzaamheden in Nederland), which e.g., include activities with respect to the debt security that exceed regular, active portfolio management (normaal actief vermogensbeheer). |

Taxation of Gifts and Inheritances Residents of The Netherlands. Generally, gift and inheritance tax will be due in The Netherlands in respect of the acquisition of a debt security by way of a gift by, or on the death of, a holder of a debt security who is a resident or deemed to be a resident of The Netherlands for the purposes of Dutch gift and inheritance tax at the date of the gift or his or her death. An individual of Dutch nationality is deemed to be a resident of The Netherlands for the purposes of Dutch gift and inheritance tax if he or she was a resident in The Netherlands at any time during the 10 years preceding the date of the gift or his or her death. For the purposes of Dutch gift tax, an individual is deemed to be a resident of The Netherlands if he or she was a resident of The Netherlands at any time during the 12 months preceding the date of the gift. Non-residentsof The Netherlands. No Netherlands gift or inheritance taxes will arise on the transfer of a debt security by way of a gift by, or on the death of, a holder who is neither resident nor deemed to be resident in The Netherlands, unless:

| (i) | in case of a gift of the debt securities under a condition precedent by an individual who, at the date of the 
 gift, was neither a resident nor deemed to be a resident in The Netherlands, such individual is a             |

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| resident or deemed to be a resident in The Netherlands at the date (a) of the fulfillment of the condition; or (b) of his or her death and the condition of the gift is fulfilled after 
 the date of his or her death; or                                                                                                                                                        |

| (ii) | in case of a gift of debt securities by an individual who, at the date of the gift or, in case of a gift under                                                                                                                                        
 a condition precedent, at the date of the fulfillment of the condition, was neither resident nor deemed to be resident in The Netherlands, such individual dies within 180 days after the date of the gift or the fulfillment of the condition, while 
 being a resident or deemed to be a resident in The Netherlands