Company: GOOGL
Filing Date: 2025-05-01
Form Type: 424B2
Source: 0001193125-25-110061
Chunk: 44

Company: Alphabet Inc.
Filing Date: 2025-05-01
Form: 424B2
Chunk 44
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 for U.S. federal income tax purposes. In general, however, if the notes are issued with OID that is equal to or more than a de minimisamount, regardless of a
U.S. holder’s regular method of accounting for U.S. federal income tax purposes, the U.S. holder will be required to include OID as ordinary gross income under a “constant yield method” before the receipt of cash attributable to such
income. OID generally will be accrued in euros and translated into dollars at the average exchange rate in effect during the interest accrual period (or portion thereof within the holder’s taxable year). The U.S. holder generally will recognize
foreign currency gain or loss to the extent the amount accrued differs from the U.S. dollar value of the euros amounts when received.

A U.S. holder that
uses the cash method of accounting for U.S. federal income tax purposes and that receives a payment of interest on a note will be required to include in ordinary income the U.S. dollar value of the euros interest payment determined based on the
exchange rate in effect on the date the payment is received, regardless of whether the payment is in fact converted to U.S. dollars. A U.S. holder that uses the accrual method of accounting for U.S. federal income tax purposes will accrue interest
income on a note in euros and translate the amount accrued into U.S. dollars based on the average exchange rate in effect during the interest accrual period (or portion thereof within the holder’s taxable year), or at the holder’s
election, at the spot rate of exchange on the last day of the accrual period (or the last day of the taxable year within such accrual period if the accrual period spans more than one taxable year), or at the spot rate of exchange on the date of
receipt, if that date is

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within five business days of the last day of the accrual period. A U.S. holder that makes this election must apply it consistently to all debt instruments from year to year and cannot change the
election without the consent of the Internal Revenue Service (the “IRS”).

A U.S. holder who uses the accrual method will recognize foreign
currency gain or loss, as the case may be, on the receipt of an interest payment made with respect to a note (including amounts received upon the sale of a note attributable to accrued interest previously included in income as described below under
“—Sale, Exchange, Redemption or Retirement of Notes”) if the exchange