Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 91

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 91
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 the deferred tax and interest
charge described above if we receive a distribution from, or dispose of all or part of our interest in, the lower-tier PFIC or the U. S.
Holders otherwise were deemed to have disposed of an interest in the lower-tier PFIC. Upon request, we will endeavor to cause any lower-tier
PFIC to provide to a U. S. Holder the information that may be required to make or maintain a QEF election with respect to the lower-tier
PFIC. However, there is no assurance that we will have timely knowledge of the status of any such lower-tier PFIC. In addition, we may
not hold a controlling interest in any such lower-tier PFIC and thus there can be no assurance we will be able to cause the lower-tier
PFIC to provide the required information. A mark-to-market election generally would not be available with respect to such lower-tier
PFIC. U. S. Holders are urged to consult their own tax advisors regarding the tax issues raised by lower-tier PFICs.

  59  

A
U. S. Holder that owns (or is deemed to own) shares in a PFIC during any taxable year of the U. S. Holder, may have to file an IRS Form
8621 (whether or not a QEF or mark-to-market election is or has been made) with such U. S. Holder’s U. S. federal income tax return
and provide such other information as may be required by the U. S. Treasury Department.

The
rules dealing with PFICs and with the QEF and mark-to-market elections are very complex and are affected by various factors in addition
to those described above. Our U. S. counsel expresses no opinion with respect to our PFIC status for any taxable year. Accordingly, U. S.
Holders of our securities should consult their own tax advisors concerning the application of the PFIC rules to our securities under
their particular circumstances.

Non-U. S.
Holders

Dividends
(including constructive dividends) paid or deemed paid to a Non-U. S. Holder in respect to our securities generally will not be subject
to U. S. federal income tax, unless the dividends are effectively connected with the Non-U. S. Holder’s conduct of a trade or business
within the United States (and, if required by an applicable income tax treaty, are attributable to a permanent establishment or fixed
base that such holder maintains or maintained in the United States