Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 115

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 115
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 marketable stock for purposes of the PFIC rules or the IRS consents to its revocation. The excess distribution
rules described above generally will not apply to a U. S. Holder for tax years for which a mark-to-market election is in effect. However,
if we were a PFIC for any year in which the U. S. Holder owns the securities but before a mark-to-market election is made, the interest
charge rules described above would apply to any mark-to-market gain recognized in the year the election is made.

PFIC
reporting obligations

A
U. S. Holder of PFIC shares must generally file an annual information return on IRS Form 8621 (Information Return by a Shareholder of
a Passive Foreign Investment Company or Qualified Electing Fund) containing such information as the U. S. Treasury Department may require.
The failure to file IRS Form 8621 could result in the imposition of penalties and the extension of the statute of limitations with respect
to U. S. federal income tax.

U. S.
Holders are urged to consult their tax advisors as to our status as a PFIC, and the tax consequences to them if we were a PFIC, including
the reporting requirements and the desirability of making, and the availability of, a QEF election or a mark-to-market election with
respect to the securities.

Medicare
tax

Non-corporate
U. S. Holders that are individuals, estates or trusts and whose income exceeds certain thresholds generally are subject to a 3.8% tax
on all or a portion of their net investment income, which may include their gross dividend income and net gains from the disposition
of securities. A United States person that is an individual, estate or trust is encouraged to consult its tax advisors regarding the
applicability of this Medicare tax to its income and gains in respect of any investment in our securities.

Information
reporting with respect to foreign financial assets

Individual
U. S. Holders may be subject to certain reporting obligations on IRS Form 8938 (Statement of Specified Foreign Financial Asset) with respect
to the securities for any taxable year during which the U. S. Holder’s aggregate value of these and certain other “specified
foreign financial assets” exceed a threshold amount that varies with the filing status of the individual. This reporting obligation
also applies to domestic entities formed or availed of to hold, directly or indirectly, specified foreign financial assets, including
the securities. Significant penalties