Company: TRTN-PA
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001660734-25-000004
Chunk: 71

Company: Triton International Ltd
Filing Date: 2025-02-28
Form: 20-F
Item: Item 10
Chunk 71
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 of the Company.

Currently, there is no withholding tax payable in Bermuda on dividends distributed from the Company to its shareholders.

United States Federal Income Tax Consequences

The following is a summary of the material U. S. federal income tax considerations applicable to an investment in our preference shares held by U. S. Holders (as defined below). This discussion deals only with our preference shares held as capital assets by holders. This discussion is based on the Code, its legislative history, existing and proposed U. S. Treasury regulations promulgated thereunder, and published rulings and court decisions, all as in effect as of the date hereof, and all of which are subject to change, possibly with retroactive effect. Any such change could materially and adversely affect the tax consequences described below. No assurance can be given that the IRS will not assert, or that a court will not sustain, a position contrary to any of the tax consequences described below.

This discussion does not address all of the tax considerations that may be relevant to certain types of investors subject to special treatment under U. S. federal income tax laws, such as the following:

• brokers or dealers in securities or currencies;

• financial institutions;

• pension plans;

• regulated investment companies;

• real estate investment trusts;

• cooperatives;

• tax-exempt entities;

• insurance companies;

• persons holding preference shares as part of a hedging, integrated, conversion or constructive sale transaction or a straddle;

• traders in securities that elect to use a mark-to-market method of accounting for their securities holdings;

• persons liable for alternative minimum tax;

• U. S. expatriates;

• accrual method taxpayers subject to special tax accounting rules as a result of their use of financial statements under Section 451(b) of the Code;

• U. S. persons (as defined by the Code) who own or are considered to own 10% or more of either the total combined voting power of all classes of shares of Triton entitled to vote or of the total value of the shares of Triton;

• partnerships or entities or arrangements treated as partnerships or other pass-through entities for U. S. federal tax purposes (or investors therein); or

• U. S. Holders whose "functional currency" is not the U. S. dollar.

If a partnership, including for this purpose any entity that is treated as a partnership for U. S. federal income tax purposes, holds our preference shares, the tax treatment of a partner in the partnership will generally depend upon the status