Company: AGCC
Filing Date: 2025-07-29
Form Type: F-1/A
Source: 0001213900-25-068743
Chunk: 178

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-07-29
Form: F-1/A
Chunk 178
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IC under the rules set forth above. If we are a PFIC for any taxable year during which you hold our Class A Ordinary Shares, you will be subject to special tax rules with respect to any “excess distribution” that you receive and any gain you realize from a sale or other disposition (including a pledge) of our Class A Ordinary Shares, unless you make a “mark -to -market” election as discussed below. Distributions you receive in a taxable year that are greater than 125% of the average annual distributions you received during the shorter of the three preceding taxable years or your holding period for the Class A Ordinary Shares will be treated as an excess distribution. Under these special tax rules: •the excess distribution or gain will be allocated ratably over your holding period for the Class A Ordinary Shares; •amounts allocated to the current taxable year and any taxable years in your holding period prior to the first taxable year in which we are classified as a PFIC (a “pre -PFICyear”) will be taxable as ordinary income; and •amounts allocated to each prior taxable year, other than the current taxable year or a pre -PFICyear, will be subject to tax at the highest tax rate in effect applicable to you for that year, and such amounts will be increased by an additional tax equal to interest on the resulting tax deemed deferred with respect to such years. 118 If we are classified as a PFIC for any taxable year during which you hold our Class A Ordinary Shares and any of our non -U.S. subsidiaries is also a PFIC, you will be treated as owning a proportionate amount (by value) of the shares of each such non -U.S. subsidiary classified as a PFIC for purposes of the application of these rules. Alternatively, a U.S. Holder of “marketable stock” (as defined below) in a PFIC may make a mark -to -marketelection for such stock of a PFIC to elect out of the tax treatment discussed in the two preceding paragraphs. If you make a valid mark -to -marketelection for the Class A Ordinary Shares, you will include in income each year an amount equal to the excess, if any, of the fair market value of the Class A Ordinary Shares as of the close of your taxable year over your adjusted basis in such Class A Ordinary Shares. You will be allowed a deduction for the excess, if any, of the adjusted basis of the Class A Ordinary Shares over their fair market value as of the close