Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 185

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 185
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 interest charge generally applicable to underpayments of tax will be imposed in respect of the tax attributable to each such other taxable 
 year of the U.S. Holder.                                                                                                                   |

Although a determination as
to the Company’s PFIC status will be made annually, an initial determination that the Company is a PFIC will generally apply for
subsequent years to a U.S. Holder who held Company Securities while the Company was a PFIC, whether or not the Company meets
the test for PFIC status in those subsequent years.

If a U.S. Holder, at
the close of its taxable year, owns shares in a PFIC that are treated as marketable stock, the U.S. Holder may make a mark-to-market
election with respect to such shares for such taxable year. If the U.S. Holder makes a valid mark-to-market election for the first
taxable year of the U.S. Holder in which the U.S. Holder holds (or is deemed to hold) the Class A Ordinary Shares and for which
the Company is determined to be a PFIC, such holder generally will not be subject to the PFIC rules described above in respect to
the Class A Ordinary Shares as long as such shares continue to be treated as marketable stock. Instead, in general, the U.S. Holder
will include as ordinary income each year that the Company is treated as a PFIC the excess, if any, of the fair market value of its Class
A Ordinary Shares at the end of its taxable year over the adjusted basis in its Class A Ordinary Shares. The U.S. Holder also will
be allowed to take an ordinary loss in respect of the excess, if any, of the adjusted basis of its Class A Ordinary Shares over the fair
market value of its Class A Ordinary Shares at the end of its taxable year (but only to the extent of the net amount of previously recognized
income as a result of the mark-to-market election). The U.S. Holder’s adjusted tax basis in its Class A Ordinary Shares will
be adjusted to reflect any such income or loss amounts, and any further gain recognized on a sale or other taxable disposition of the
Class A Ordinary Shares in a taxable year in which the Company is treated as a PFIC will be treated as ordinary income. Special tax rules
may also apply if a U.S. Holder makes a mark-to-market election for a taxable year after the first taxable year in which the U.S. Holder
holds (or is deemed to hold) its Class A