Company: MEGL
Filing Date: 2025-04-14
Form Type: 20-F
Source: 0001641172-25-004566
Chunk: 96

Company: Magic Empire Global Ltd
Filing Date: 2025-04-14
Form: 20-F
Item: Item 10
Chunk 96
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 Considerations for U. S. Holders

The
following discussion describes the material U. S. federal income tax consequences relating to the ownership and disposition of our shares
by U. S. Holders (as defined below). This discussion applies to U. S. Holders that purchase our shares pursuant to this offering and hold
such shares as capital assets. This discussion is based on the U. S. Internal Revenue Code of 1986, as amended, U. S. Treasury regulations
promulgated thereunder and administrative and judicial interpretations thereof, all as in effect on the date hereof and all of which
are subject to change, possibly with retroactive effect. This discussion does not address all of the U. S. federal income tax consequences
that may be relevant to specific U. S. Holders in light of their particular circumstances or to U. S. Holders subject to special treatment
under U. S. federal income tax law (such as certain financial institutions, insurance companies, dealers or traders in securities or other
persons that generally mark their securities to market for U. S. federal income tax purposes, tax-exempt entities or governmental organizations,
retirement plans, regulated investment companies, real estate investment trusts, grantor trusts, brokers, dealers or traders in securities,
commodities, currencies or notional principal contracts, certain former citizens or long-term residents of the United States, persons
who hold our shares as part of a “straddle,” “hedge,” “conversion transaction,” “synthetic
security” or integrated investment, persons that have a “functional currency” other than the U. S. dollar, persons that
own directly, indirectly or through attribution 10% or more of the voting power of our shares, corporations that accumulate earnings
to avoid U. S. federal income tax, partnerships and other pass-through entities, and investors in such pass-through entities). This discussion
does not address any U. S. state or local or non-U. S. tax consequences or any U. S. federal estate, gift or alternative minimum tax consequences.

As
used in this discussion, the term “ U. S. Holder” means a beneficial owner of our shares who is, for U. S. federal income tax
purposes, (i) an individual who is a citizen or resident of the United States, (ii) a corporation (or entity treated as a corporation
for U. S. federal income tax purposes) created or organized in or under the