Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 303

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 303
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 on a duly executed applicable IRS
Form W-8 or otherwise in order to avoid information reporting and backup withholding requirements. The certification procedures required
to claim a reduced rate of withholding under an income tax treaty will satisfy the certification requirements necessary to avoid the backup
withholding as well.

Backup withholding
is not an additional tax. The amount of any backup withholding will be allowed as a credit against such holder’s U.S. federal income
tax liability and may entitle such holder to a refund of any excess amounts withheld, provided that the required information is timely
furnished to the IRS.

FATCA

Provisions of
the Code commonly referred to as “FATCA” impose withholding of thirty percent (30%) on payments of dividends (including constructive
dividends received pursuant to a redemption of stock) to “foreign financial institutions”(which is broadly defined for this
purpose and in general includes investment vehicles) and certain other non-U.S. entities unless various U.S. information reporting and
due diligence requirements (generally relating to ownership by U.S. persons of interests in or accounts with those entities) have been
satisfied, or an exemption applies (typically certified as to by the delivery of a properly completed IRS Form W-8BENE). If FATCA withholding
is imposed, a beneficial owner that is not a foreign financial institution generally will be entitled to a refund of any amounts withheld
by filing a U.S. federal income tax return (which may entail significant administrative burden). Foreign financial institutions located
in jurisdictions that have an intergovernmental agreement with the United States governing FATCA may be subject to different rules. If
a dividend payment is both subject to withholding under FATCA and subject to the withholding tax discussed above under “—
Redemption of a Non-U.S. Holder’s Shares of FutureTech Common Stock Pursuant to the FutureTech Stockholder Redemption,”
the withholding under FATCA may be credited against, and therefore reduce, such other withholding tax. Non-U.S. holders should consult
their tax advisers regarding the effects of FATCA on a redemption of shares of FutureTech Common Stock.

THE FOREGOING
IS A SUMMARY OF THE MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF THE TRANSACTIONS WITHOUT REGARD TO THE PARTICULAR FACTS AND CIRCUMSTANCES
OF EACH HOLDER OF FUTURETECH SECURITIES. HOLDERS OF FUTURETECH SECURITIES ARE URGED TO CONSULT THEIR OWN TAX ADVISORS AS TO THE SPEC