Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 259

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 259
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 of the Japan Treaty, the Japanese holder of Ordinary Shares or Warrants is entitled to an exemption from Dutch dividend withholding tax, provided that such dividends are not derived from the carrying on of a business, directly or indirectly, by such qualifying pension fund. A Japanese holder of Ordinary Shares or Warrants that qualifies for an exemption from, or a reduction of, Dutch dividend withholding tax may generally claim (i) an exemption or reduction at source, or (ii) a refund, by making the requisite filings within five years after the end of the calendar year in which the Dutch dividend withholding tax was levied. According to Dutch domestic anti -dividendstripping rules, no credit against Dutch tax, exemption from, reduction, or refund of Dutch dividend withholding tax will be granted if the recipient of the dividends paid by the Company is not considered to be the beneficial owner ( uiteindelijk gerechtigde) of those dividends. The DWTA provides for a non -exhaustivenegative description of a beneficial owner. According to the DWTA, a holder of Ordinary Shares will not be considered the beneficial owner of the dividends if as a consequence of a combination of transactions: (i)a person other than the holder of Ordinary Shares or Warrants wholly or partly, directly or indirectly, benefits from the dividends; (ii)whereby this other person retains or acquires, directly or indirectly, an interest similar to that in the Ordinary Shares on which the dividends were paid; and (iii)that other person is entitled to a credit, reduction or refund of Dutch dividend withholding tax that is less than that of the holder of Ordinary Shares. In general terms, the burden of proof with respect to beneficial ownership of dividends distributed by the Company rests on the Dutch tax authorities. If, however, a holder of Ordinary Shares or Warrants would receive dividends, including dividends on the Ordinary Shares or Warrants, in a calendar year in respect of which an aggregate amount of EUR 1,000 in Dutch dividend withholding tax would be due based on the rate of 15%, the burden of proof with respect to beneficial ownership of such dividends rests on the holder of Ordinary Shares or Warrants. 170 Taxes on Income and Capital Gains Residents of the Netherlands The description of certain Dutch tax consequences in this section is only intended for the following holder of Ordinary Shares or Warrants: (i)individuals who are resident or deemed to be resident in the Netherlands (“Dutch Resident Individuals”); and (ii)entities or enterprises that are subject to the CITA and are