Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 141

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 141
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 the primary supervision of a U. S. court and the control of one or more “ United States persons” (within the meaning of Section 7701(a)(30) of the U. S. Internal Revenue Code), or (2) has a valid election in effect to be treated as a “ United States person” (within the meaning of Section 7701(a)(30) of the U. S. Internal Revenue Code) for U. S. federal income tax purposes.

Ownership and Disposition of Gogoro Ordinary Shares by U. S. Holders

Distributions on Gogoro Ordinary Shares

Subject to the discussion under “ - Passive Foreign Investment Company Rules” below, if we make distributions of cash or property on the Gogoro Ordinary Shares, such distributions will be treated for U. S. federal income tax purposes first as a dividend to the extent of our current and accumulated earnings and profits (as determined for U. S. federal income tax purposes), and then as a tax-free return of capital to the extent of the U. S. Holder’s tax basis, with any excess treated as capital gain from the sale or exchange of the shares. We do not intend to provide calculations of its earnings and profits under U. S. federal income tax principles. A U. S. Holder should expect all cash distributions to be reported as dividends for U. S. federal income tax purposes. Any dividends that a U. S. Holder receives (including any withheld taxes) will be includable in such U. S. Holder’s gross income as ordinary income on the day actually or constructively received. Such dividends generally will not be eligible for the dividends received deduction allowed to corporations in respect of dividends received from U. S. corporations.

Subject to the discussion below under “ - Passive Foreign Investment Company Rules,” dividends received by certain non-corporate U. S. Holders (including individuals) may be “qualified dividend income,” which currently is taxed at the lower applicable capital gains rate, provided that:

▪ the Gogoro Ordinary Shares are readily tradable on an established securities market in the United States;

▪ Gogoro is neither a PFIC (as discussed below under below under “ - Passive Foreign Investment Company Rules”) nor treated as such with respect to the U. S. Holder in any taxable year in which the dividend is paid or the preceding taxable year;

▪ the U. S. Holder satisfies certain holding period requirements; and

▪ the U. S. Holder is not under an