Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 83

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 83
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. TAX LAWS, AS WELL
AS U. S. FEDERAL TAX LAWS AND ANY APPLICABLE TAX TREATIES.

  54  

U. S.
Holders

Tax
Reporting

Certain
U. S. Holders may be required to file an IRS Form 926 (Return by a U. S. Transferor of Property to a Foreign Corporation) to report a transfer
of property (including cash) to us. Substantial penalties may be imposed on a U. S. Holder that fails to comply with this reporting requirement.
Each U. S. Holder is urged to consult with its own tax advisor regarding this reporting obligation.

Taxation
of Distributions Paid on Ordinary Shares

Subject
to the passive foreign investment company (“ PFIC”) rules discussed below, a U. S. Holder generally will be required to include
in gross income as dividends the amount of any cash dividend paid on our ordinary shares. A cash distribution on such shares generally
will be treated as a dividend for U. S. federal income tax purposes to the extent the distribution is paid out of our current or accumulated
earnings and profits (as determined under U. S. federal income tax principles). Such dividends paid by us will be taxable to a corporate
U. S. holder at regular rates and will not be eligible for the dividends-received deduction generally allowed to domestic corporations
in respect of dividends received from other domestic corporations. Distributions in excess of such earnings and profits generally will
be applied against and reduce the U. S. Holder’s basis in its ordinary shares (but not below zero) and, to the extent in excess
of such basis, will be treated as gain from the sale or exchange of such ordinary shares. With respect to non-corporate U. S. Holders,
dividends may be subject to the lower applicable long-term capital gains tax rate (see “ - Taxation on the Disposition of
Securities” below) if our ordinary shares are readily tradeable on an established securities market in the United States and certain
other requirements are met. U. S. Holders should consult their own tax advisors regarding the availability of the lower rate for any cash
dividends paid with respect to our ordinary shares.

We
currently intend to retain all available funds and any future earnings to fund the growth and development of our business. We have never
declared or paid any cash dividends on our capital stock. We do not intend to pay cash dividends to our shareholders in