Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 64

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 64
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the PRC. Similarly, any gain realized on the transfer of ordinary shares or ordinary shares by such investors is also subject to
PRC tax at a current rate of 10%, subject to any reduction or exemption set forth in applicable tax treaties or under applicable tax arrangements
between jurisdictions, if such gain is regarded as income derived from sources within the PRC. If we are deemed a PRC resident enterprise,
dividends paid on our ordinary shares or ordinary shares, and any gain realized from the transfer of our ordinary shares or ordinary shares,
would be treated as income derived from sources within the PRC and would as a result be subject to PRC taxation. Furthermore, if we are
deemed a PRC resident enterprise, dividends payable to individual investors who are non-PRC residents and any gain realized on the transfer
of ordinary shares or ordinary shares by such investors may be subject to PRC tax at a current rate of 20%, subject to any reduction or
exemption set forth in applicable tax treaties or under applicable tax arrangements between jurisdictions. It is unclear whether we or
any of our subsidiaries established outside China are considered a PRC resident enterprise, holders of our ordinary shares or ordinary
shares would be able to claim the benefit of income tax treaties or agreements entered into between China and other countries or areas.
If dividends payable to our non-PRC investors, or gains from the transfer of our ordinary shares or ordinary shares by such investors
are subject to PRC tax, the value of your investment in our ordinary shares or ordinary shares may decline significantly.

We and our shareholders face uncertainties
with respect to indirect transfers of equity interests in PRC resident enterprises or other assets attributed to a Chinese establishment
of a non-Chinese company, or immovable properties located in China owned by non-Chinese companies.

On February 3, 2015, the STA issued the
Bulletin on Issues of Enterprise Income Tax on Indirect Transfers of Assets by Non-PRC Resident Enterprises, or Bulletin 7. Pursuant
to Bulletin 7, an “indirect transfer” of assets, including equity interests in a PRC resident enterprise, by non-PRC resident
enterprises may be recharacterized and treated as a direct transfer of PRC taxable assets, if such arrangement does not have a reasonable
commercial purpose and was established for the purpose of avoiding payment of PRC enterprise income tax. As a result, gains derived from
such indirect transfer may be subject to PRC enterprise income tax. According to