Company: SDAWW
Filing Date: 2025-12-22
Form Type: 6-K
Source: 0001213900-25-124170
Chunk: 27

Company: SunCar Technology Group Inc.
Filing Date: 2025-12-22
Form: 6-K
Chunk 27
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 | Average price paid per 
 Class A Ordinary       
 share                  |      |
|:----------------------|:----|:---------------------------------|----------:|:----|:-----------------------|-----:|
| Open market purchases |     |                                  | 1,644,809 |     | $                      | 4.99 |
| March 2025:           |     |                                  |           |     |                        |      |
| Open market purchases |     |                                  | 1,160,258 |     | $                      | 4.80 |
| April 2025:           |     |                                  |           |     |                        |      |
| Open market purchases |     |                                  |   586,036 |     |                        | 3.17 |
| May 2025:             |     |                                  |           |     |                        |      |
| Open market purchases |     |                                  |    47,454 |     |                        | 2.74 |
|                       |     |                                  | 3,438,557 |     |                        |      |

F-24 SUNCAR TECHNOLOGY GROUP INC NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (In U.S. Dollar thousands, except share and per share data)

| 13. | TAXATION |

Cayman Islands

Under the current laws of the Cayman Islands,
the Group is not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands
withholding tax will be imposed.

Hong Kong

According to Tax (Amendment) (No. 3) Ordinance
2018 published by Hong Kong government, form April 1, 2018, under the two-tiered profits tax rates regime, the profits tax rate for the
first HKD million of assessable profits will be lowered to % (half of the rate specified in Schedule 8 to the Inland Revenue Ordinance
(IRO)) for corporations. China Auto Market was not subject to Hong Kong profit tax for any period presented as it did not have assessable
profit during the periods presented.

PRC

Generally, the Group’s subsidiaries, which
are considered PRC resident enterprises under PRC tax law, are subject to enterprise income tax (“EIT”) on their worldwide
taxable income as determined under PRC tax laws and accounting standards at a rate of %. EIT grants preferential tax treatment to High
and New Technology Enterprises (“HNTE