Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 94

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 10
Chunk 94
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holding and disposal of our Shares.

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Estate
Duty

Singapore
estate duty was abolished with respect to all deaths occurring on or after February 15, 2008.

Material
United States Federal Income Tax Considerations

The
following discussion is a summary of U. S. federal income tax considerations generally applicable to U. S. Holders (as defined below) of
the ownership and disposition of our Ordinary Shares. This summary applies only to U. S. Holders that hold our Ordinary Shares as capital
assets (generally, property held for investment) and that have the U. S. dollar as their functional currency. This summary is based on
U. S. federal tax laws in effect as of the date of this Report, on U. S. Treasury regulations in effect or, in some cases, proposed as
of the date of this Report, and judicial and administrative interpretations thereof available on or before such date. All of the foregoing
authorities are subject to change, which could apply retroactively and could affect the tax consequences described below. No ruling has
been sought from the Internal Revenue Service (“ IRS”) with respect to any U. S. federal income tax considerations described
below, and there can be no assurance that the IRS or a court will not take a contrary position. Moreover, this summary does not address
the U. S. federal estate, gift, backup withholding, and alternative minimum tax considerations, or any state, local, and non-U. S. tax
considerations, relating to the ownership and disposition of our Ordinary Shares. The following summary does not address all aspects
of U. S. federal income taxation that may be important to particular investors in light of their individual circumstances or to persons
in special tax situations such as:

  financial institutions or financial services entities;              
  underwriters;                                                       
  insurance companies;                                                
  pension plans;                                                      
  cooperatives;                                                       
  regulated investment companies and regulated investment companies;  
  real estate investment trusts;                                      
  grantor trusts;                                                     
  broker-dealers;                                                     
  traders that elect to use a mark-to-market method of accounting;    

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  governments or agencies or instrumentalities thereof;                                                                                                    
  certain former U. S. citizens or long-term residents;                                                                                                    
  tax-exempt entities (including private foundations);                                                                                                     
  persons liable for alternative minimum tax;                                                                                                              
  persons holding