Company: FORL
Filing Date: 2025-06-11
Form Type: PRE 14A
Source: 0001213900-25-053453
Chunk: 70

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-11
Form: PRE 14A
Chunk 70
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 and will be treated as described below under “Non -U.S. Holders — Taxation of Redemption as a Sale of Public Shares.” Taxation of Redemption as a Sale of Public Shares A Non -U.S. Holder generally will not be subject to U.S. federal income or withholding tax in respect of gain recognized on a redemption of public shares that is treated as a sale as described above under “ — Generally,” unless: (i)the gain is effectively connected with the conduct of a trade or business by the Non -U.S. Holder within the United States (and, if required by an applicable income tax treaty, the Non -U.S. Holder maintains a permanent establishment in the United States to which such gain is attributable); (ii)the Non -U.S. Holder is a nonresident alien individual present in the United States for 183 days or more during the taxable year of the disposition and certain other requirements are met; or (iii)the Company’s public shares constitute U.S. real property interests by reason of the Company’s status as a U.S. real property holding corporation (“USRPHC”) for U.S. federal income tax purposes, and certain other conditions are met. 32 Gain described in the first bullet point above generally will be subject to U.S. federal income tax on a net income basis at the regular graduated rates applicable to a U.S. Holder, unless an applicable tax treaty provides otherwise. 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 gain, as adjusted for certain items. Gain described in the second bullet point above will be subject to U.S. federal income tax at a rate of 30% (or such lower rate specified by an applicable income tax treaty), which may be offset by U.S. source capital losses of the Non -U.S. Holder (even though the individual is not considered a resident of the United States), provided the Non -U.S. Holder has timely filed U.S. federal income tax returns with respect to such losses. With respect to the third bullet point, the Company believes that it is not and has not been at any time since its formation, and does not expect to become, a USRPHC. Such a determination is factual in nature, and no assurance can be provided that the Company is not and has not been, and will not become a USRPHC. Non -