Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 161

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 161
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| ● | the gain (i) is effectively connected with the conduct by the Non-U.S.                                                                  
 Holder of a U.S. trade or business, and (ii) if required by an applicable income tax treaty between the United States and the Non-U.S.  
 holder’s country of residence, is attributable to a permanent establishment maintained by the Non-U.S. Holder in the United             
 States (in which the special rules described below apply);                                                                              |
| ● | the Non-U.S. Holder is an individual who is present in the United States                                                                
 for 183 days or more in the taxable year of the sale, exchange or other disposition of our Common Stock, and certain other requirements 
 are met (in which case the gain would be subject to a flat 30% tax, or such reduced rate as may be specified by an applicable income    
 tax treaty, which may be offset by certain U.S. source capital losses, even though the individual is not considered a resident of       
 the United States); or                                                                                                                  |
| ● | the rules of the Foreign Investment in Real Property Tax Act (“FIRPTA”)                                                                 
 treat the stock as a “U.S. real property interest” as defined in Section 897 of the Code.                                               |

The FIRPTA rules may apply to a sale, exchange
or other disposition of our Common Stock if we are, or were within the shorter of the five-year period preceding the disposition and
the Non-U.S. Holder’s holding period, a “U.S. real property holding corporation” (a “USRPHC”), as defined
in Section 897 of the Code. In general, we would be a USRPHC if interests in U.S. real estate comprised at least half of the value of
our business assets. We do not believe that we are a USRPHC and we do not anticipate becoming one in the future. Even if we become a
USRPHC, as long as our Common Stock is regularly traded on an established securities market, such Common Stock will be treated as U.S.
real property interests only if beneficially owned by a Non-U.S. Holder that actually or constructively owned more than 5% of our outstanding
Common Stock at sometime within the five-year period preceding the disposition.

If any gain from the sale, exchange or other
disposition of our Common Stock (1) is effectively connected with a U.S. trade or business conducted by a Non-U.S. Holder, and (2) if