Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 119

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 10
Chunk 119
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 election, such U. S. Holder generally will be subject
to special rules with respect to:

  any gain recognized by the U. S. Holder on the sale or other disposition of the Company Securities (including a redemption treated as a sale or exchange); and  

  any “excess distribution” made to the U. S. Holder (generally, any distributions to such U. S. Holder during a taxable year of the U. S. Holder that are greater than 125% of the average annual ...  

Under these rules:

  the U. S. Holder’s gain or excess distribution will be allocated ratably over the U. S. Holder’s Company Securities;  

  the amount allocated to the U. S. Holder’s taxable year in which the U. S. holder recognized gain or received the excess distribution, or to the period in the U. S. Holder’s holding period befo...  

  the amount allocated to other taxable years (or portions thereof) of the U. S. Holder and included in its holding period will be taxed at the highest tax rate in effect for that year and applic...  

  the interest charge generally applicable to underpayments of tax will be imposed in respect of the tax attributable to each such other taxable year of the U. S. Holder.  

Although a determination
as to the Company’s PFIC status will be made annually, an initial determination that the Company is a PFIC will generally apply
for subsequent years to a U. S. Holder who held Company Securities while the Company was a PFIC, whether or not the Company meets
the test for PFIC status in those subsequent years.

If a U. S. Holder, at
the close of its taxable year, owns shares in a PFIC that are treated as marketable stock, the U. S. Holder may make a mark-to-market
election with respect to such shares for such taxable year. If the U. S. Holder makes a valid mark-to-market election for the first
taxable year of the U. S. Holder in which the U. S. Holder holds (or is deemed to hold) the Class A Ordinary Shares and for which
the Company is determined to be a PFIC, such holder generally will not be subject to the PFIC rules described above in respect to
the Class A Ordinary Shares as long as such shares continue to be treated as marketable stock. Instead, in general, the U. S. Holder
will include as ordinary income each year that