Company: BIAF
Filing Date: 2025-06-27
Form Type: POS AM
Source: 0001641172-25-016923
Chunk: 157

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-06-27
Form: POS AM
Chunk 157
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 United States.

Any such effectively connected dividends will be subject to U.S. federal income tax on a net income basis at the regular rates. A Non-U.S. Holder that is a corporation also may be subject to a branch profits tax at a rate of 30% (or such lower rate specified by an applicable income tax treaty) on such effectively connected dividends, as adjusted for certain items. Non-U.S. Holders should consult their tax advisors regarding any applicable tax treaties that may provide for different rules.

| 92 |

Gain on Sale or Other Taxable Disposition of Our Common Stock

Subject to the discussion below under “Information Reporting and Backup Withholding” and “Foreign Account Tax Compliance Act,” a Non-U.S. Holder will generally not be subject to U.S. federal income tax on any gain realized upon the sale, exchange, or other taxable disposition of our Common Stock unless:

| ● | the                                                                                             
 gain (i) is effectively connected with the conduct by the Non-U.S. Holder of a U.S. trade       
 or business, and (ii) if required by an applicable income tax treaty between the United States  
 and the Non-U.S. holder’s country of residence, is attributable to a permanent establishment    
 maintained by the Non-U.S. Holder in the United States (in which the special rules described    
 below apply);                                                                                   |
| ● | the                                                                                             
 Non-U.S. Holder is an individual who is present in the United States for 183 days or more       
 in the taxable year of the sale, exchange or other disposition of our Common Stock, and certain 
 other requirements are met (in which case the gain would be subject to a flat 30% tax, or       
 such reduced rate as may be specified by an applicable income tax treaty, which may be offset   
 by certain U.S. source capital losses, even though the individual is not considered a resident  
 of the United States); or                                                                       |
| ● | the                                                                                             
 rules of the Foreign Investment in Real Property Tax Act (“FIRPTA”) treat the                   
 stock as a “U.S. real property interest” as defined in Section 897 of the Code.                 |

The FIRPTA rules may apply to a sale, exchange or other disposition of our Common Stock if we are, or were within the shorter of the five-year period preceding the disposition and the Non-U.S. Holder’s holding period, a “U.S. real property holding corporation” (a “USRPHC”), as defined in Section 897 of the