Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 17

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 17
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 in which case you will be required to pay a flat 30% tax (or lower applicable treaty rate) on the gain derived from the sale,         
 taxable exchange or other taxable disposition, which gain may be offset by certain U.S. source capital losses (even though you are not         
 considered a resident of the United States); provided that you have timely filed U.S. federal income tax returns with respect to such          
 losses; or                                                                                                                                     |

Backup Withholding and Information Reporting

The amount of dividends
paid to you, your name and address, and the amount of tax withheld, if any, will generally be reported to the IRS annually. A
similar report will be sent to you. Pursuant to applicable income tax treaties or other agreements, the IRS may make these reports
available to tax authorities in your country of residence or establishment. These information reporting requirements apply even if
no withholding would be required (because the distributions would be effectively connected with the holder’s conduct of a
U.S. trade or business, or withholding was reduced or eliminated by an applicable income tax treaty).

Your proceeds on the disposition
of our Common Stock may also be subject to information reporting. Payments of dividends and proceeds on the disposition of our Common
Stock may be subject to backup withholding at a current rate of 24% unless you establish an exemption therefrom, for example, by timely
and properly certifying your non-U.S. status on a duly completed and executed IRS Form W-8BEN, IRS Form W-8BEN-E or another
appropriate version of IRS Form W-8 (or applicable successor form). Notwithstanding the foregoing, backup withholding and information
reporting may apply if the applicable withholding agent has actual knowledge, or reason to know, that you are a U.S. person.

Backup withholding is not
an additional tax; rather, the U.S. income tax liability of persons subject to backup withholding will be reduced by the amount of tax
withheld. If withholding results in an overpayment of taxes, a refund or credit may generally be obtained from the IRS, provided that
the required information is furnished to the IRS in a timely manner. If any amount is withheld under the backup withholding rules, the
non-U.S. holder should consult with a U.S. tax advisor regarding the possibility of and procedure for obtaining a refund or a credit against
the non-U.S. holder’s U.S. federal income tax liability, if any.

<div align='center'>S-13</div>

Foreign Accounts