Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 180

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 180
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 rules
if it is a PFIC for the taxable year in which it pays a dividend or for the preceding taxable year. See the discussion below under “— Passive
Foreign Investment Company Status.

The amount of any dividend
paid in foreign currency will be the U.S. dollar value of the foreign currency distributed by the Company, calculated by reference
to the exchange rate in effect on the date the dividend is includible in the U.S. Holder’s income, regardless of whether the
payment is in fact converted into U.S. dollars on the date of receipt. Generally, a U.S. Holder should not recognize any foreign
currency gain or loss if the foreign currency is converted into U.S. dollars on the date the payment is received. However, any gain
or loss resulting from currency exchange fluctuations during the period from the date the U.S. Holder includes the dividend payment
in income to the date such U.S. Holder actually converts the payment into U.S. dollars will be treated as ordinary income or
loss. That currency exchange income or loss (if any) generally will be income or loss from U.S. sources for foreign tax credit limitation
purposes.

To the extent that the amount
of any distribution made by the Company on the Class A Ordinary Shares exceeds the Company’s current and accumulated earnings and
profits for a taxable year (as determined under U.S. federal income tax principles), the distribution will first be treated as a
tax-free return of capital, causing a reduction in the adjusted basis of the U.S. Holder’s the Class A Ordinary Shares, and
to the extent the amount of the distribution exceeds the U.S. Holder’s tax basis, the excess will be taxed as capital gain
recognized on a sale or exchange as described below under “— Sale, Exchange, Redemption or Other Taxable Disposition
of the Company Securities.”

Sale, Exchange, Redemption or Other Taxable Disposition of the Company Securities

Subject to the discussion
below under “— Passive Foreign Investment Company Status,” a U.S. Holder will generally recognize gain or
loss on any sale, exchange, redemption, or other taxable disposition of the Class A Ordinary Shares and the Warrants in an amount equal
to the difference between the amount realized on the disposition and such U.S. Holder’s adjusted tax basis in such the Class
A Ordinary Shares or Warrants. Any gain or loss recognized by a U.S. Holder on a taxable disposition of the Class A Ordinary Shares
or Warrants will generally be capital gain or loss and