Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 138

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 138
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 persons. (Special certification requirements apply to a Non -U.S. stockholder that is a foreign partnership or a foreign trust, and such entities are urged to consult their own tax advisers.) We or the applicable withholding agent generally are not required to withhold any amounts with respect to certain distributions of (i) U.S. source interest income, and (ii) net short term capital gains in excess of net long term capital losses, in each case to the extent we properly report such distributions as “interest -relateddividends” or “short -termcapital gain dividends” and certain other requirements were satisfied. We anticipate that a portion of our distributions will be eligible for this exemption from withholding; however, we cannot determine what portion of our distributions (if any) will be eligible for this exception until after the end of our taxable year. No certainty can be provided that any of our distributions will be reported as eligible for this exception. Actual or deemed distributions of our net capital gains to a stockholder that is a Non -U.S. stockholder, and gains realized by a Non -U.S. stockholder upon the sale or redemption of our common stock, will not be subject to U.S. federal income tax unless the distributions or gains, as the case may be, are effectively connected with a U.S. trade or business of the Non -U.S. stockholder (and, if an income tax treaty applies, are attributable to a permanent establishment maintained by the Non -U.S. stockholder in the United States,) or, in the case of an individual, the Non -U.S. stockholder was present in the United States for 183 days or more during the taxable year and certain other conditions are met. 56 Table of Contents If we distribute our net capital gains in the form of deemed rather than actual distributions, a stockholder that is a Non -U.S. stockholder will be entitled to a U.S. federal income tax credit or tax refund equal to the stockholder’s allocable share of the corporate -levelU.S. federal income tax we pay on the capital gains deemed to have been distributed; however, in order to obtain the refund, the Non -U.S. stockholder must obtain a U.S. taxpayer identification number and file a U.S. federal income tax return even if the Non -U.S. stockholder would not otherwise be required to obtain a U.S. taxpayer identification number or file a U.S. federal income tax return. For a corporate Non -U.S. stockholder, distributions