Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 128

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 128
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The following is a brief summary
discussion of certain material U. S. federal income tax consequences of the ownership and disposition of ordinary shares for a U. S. Holder
(as defined below). This brief discussion address only U. S. Holders that acquire ordinary shares in this offering. This brief discussion
is for general information purposes only and does not purport to be a complete analysis or listing of all potential U. S. federal
income tax consequences that may apply to a U. S. holder as a result of the ownership and disposition of ordinary shares. In addition,
this discussion does not address all aspects of U. S. federal income taxation that may be relevant to particular holders nor does
it take into account the individual facts and circumstances of any particular holder that may affect the U. S. federal income tax
consequences to such holder, and accordingly, is not intended to be, and should not be construed as, tax advice.

This brief discussion is based
on provisions of the Code, the U. S. Treasury Regulations promulgated thereunder (whether final, temporary, or proposed) (the “ Treasury
Regulations”), published administrative rulings of the IRS, and judicial decisions, all as in effect on the date hereof. Any of
the authorities on which this summary is based could be changed in a material and adverse manner at any time, and any such change could
be applied on a retroactive or prospective basis which could affect the U. S. federal income tax considerations described in this
summary. This brief discussion does not address the U. S. federal 3.8% Medicare tax imposed on certain net investment income or any
aspects of U. S. federal taxation other than those pertaining to the income tax, nor does it address any tax consequences arising
under any U. S. state and local, or non-U. S. tax laws. U. S. Holders should consult their own tax advisors regarding such
tax consequences in light of their particular circumstances.

No ruling has been requested
or will be obtained from the IRS regarding the U. S. federal income tax consequences of the Business Combination or any other related
matter; thus, there can be no assurance that the IRS will not challenge the U. S. federal income tax treatment described below or
that, if challenged, such treatment will be sustained by a court.

This brief summary is limited
to considerations relevant to U. S. Holders that hold Ordinary Shares as “capital assets” within the meaning