Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 175

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 175
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 U.S. federal income tax treatment of a partner in such partnership will generally depend on the status of the partner
and the activities of the partnership. A holder that is a partnership and the partners in such partnership should consult their own tax
advisors with regard to the U.S. federal income tax consequences of ownership and disposition of the Company Securities.

THIS SUMMARY DOES NOT PURPORT
TO BE A COMPREHENSIVE ANALYSIS OR DESCRIPTION OF ALL POTENTIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF OWNERSHIP AND DISPOSITION
OF THE COMPANY SECURITIES. IN ADDITION, THE U.S. FEDERAL INCOME TAX TREATMENT OF THE BENEFICIAL OWNERS OF THE COMPANY SECURITIES
MAY BE AFFECTED BY MATTERS NOT DISCUSSED HEREIN AND DEPENDS IN SOME INSTANCES ON DETERMINATIONS OF FACT AND INTERPRETATIONS OF COMPLEX
PROVISIONS OF U.S. FEDERAL INCOME TAX LAW FOR WHICH NO CLEAR PRECEDENT OR AUTHORITY MAY BE AVAILABLE. HOLDERS OF THE COMPANY
SECURITIES SHOULD CONSULT WITH THEIR TAX ADVISORS REGARDING THE PARTICULAR TAX CONSEQUENCES TO THEM OF THE OWNERSHIP AND DISPOSITION OF
THE COMPANY SECURITIES, INCLUDING THE APPLICABILITY AND EFFECTS OF U.S. FEDERAL, STATE, LOCAL, AND OTHER TAX LAWS.

Distribution on the Class A Ordinary Shares

Subject to the PFIC rules
discussed below “— Passive Foreign Investment Company Status,” the gross amount of any distribution on the Class
A Ordinary Shares that is made out of the Company’s current and accumulated earnings and profits (as determined for U.S. federal
income tax purposes) will generally be taxable to a U.S. Holder as ordinary dividend income on the date such distribution is actually
or constructively received by such U.S. Holder. Any such dividends paid to corporate U.S. Holders generally will not qualify
for the dividends-received deduction that may otherwise be allowed under the Code.

<div align='center'>99</div>

Dividends received by non-corporate
U.S. Holders, including individuals, from a “qualified foreign corporation” may be eligible for reduced rates of taxation,
provided that certain holding period requirements and other conditions are satisfied. For these purposes, a non-U.S. corporation
will be treated as a qualified foreign corporation with respect to dividends paid by that corporation on shares that are readily tradable
on an established