Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 35

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 35
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ADSs or our ordinary shares by the U. S. taxpayer: (1) would be allocated ratably over the U. S. taxpayer’s holding period for our
ADSs or ordinary shares; (2) the amount allocated to the current taxable year and any period prior to the first day of the first taxable
year in which we were a PFIC would be taxed as ordinary income; and (3) the amount allocated to each of the other taxable years would
be subject to tax at the highest rate of tax in effect for the applicable class of taxpayer for that year, and an interest charge for
the deemed deferral benefit would be imposed with respect to the resulting tax attributable to each such other taxable year. In addition,
if the U. S. Internal Revenue Service, or the IRS, determines that we are a PFIC for a year with respect to which we have determined that
we were not a PFIC, it may be too late for a U. S. taxpayer to make a timely QEF or mark-to-market election. A U. S. taxpayer that has
held our ADSs or our ordinary shares during a period when we were a PFIC will generally be subject to the foregoing rules unless we cease
to be a PFIC and such U. S. taxpayer makes a “deemed sale” election with respect to our ADSs or our ordinary shares. If we
are a PFIC in any year, U. S. taxpayers may be subject to additional IRS filing requirements, including the filing of IRS Form 8621, as
a result of directly or indirectly owning stock of a PFIC. We do not intend to notify U. S. taxpayers that hold our ADSs or our ordinary
shares if we believe we will be treated as a PFIC for any taxable year in order to enable U. S. taxpayers to consider whether to make
a QEF election or a mark-to-market election. In addition, we do not intend to furnish such U. S. taxpayers annually with information needed
in order to complete IRS Form 8621 and to make and maintain a valid QEF election for any year in which we are a PFIC. U. S. taxpayers
that hold our ADSs or our ordinary shares are strongly urged to consult their tax advisors about the PFIC rules, including tax return
filing requirements and the eligibility, manner, and consequences to them of making a QEF or mark-to-market election with respect to
our ADSs or our ordinary shares