Company: BLRX
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001178913-25-001123
Chunk: 273

Company: BioLineRx Ltd.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 8
Chunk 273
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. S. Investor that fails to comply.

Certain U. S. Investors owning “specified foreign financial
assets” with an aggregate value in excess of $50,000 on the last day of the taxable year or $75,000 at any time during the taxable
year (or such higher dollar amount as may be prescribed by applicable IRS guidance) may be required to file IRS Form 8938, Statement of
Specified Foreign Financial Assets, with respect to such assets with their tax returns. “ Specified foreign financial assets”
generally include any financial accounts maintained by foreign financial institutions, as well as any of the following held for investment
and not held in accounts maintained by financial institutions: (i) stocks and securities issued by non-U. S. persons, which may include
the ordinary shares or ADSs, (ii) financial instruments and contracts held for investment that have non-U. S. issuers or counterparties
and (iii) interests in foreign entities. The IRS has issued guidance exempting “specified foreign financial assets” held in
a financial account from reporting under this provision (although the financial account itself, if maintained by a foreign financial institution,
may remain subject to this reporting requirement). U. S. Investors are urged to consult their tax advisors regarding the application of
these requirements to their ownership of the ordinary shares or ADSs.

If we are treated as a PFIC, U. S. Investors generally are required
to file annual tax returns (including on IRS Form 8621) containing such information as the U. S. Treasury requires (whether or not a mark-to-market
election is or has been made). A U. S. Investor that is not otherwise required to file a U. S. tax return must still file IRS Form 8621
in accordance with the instructions for the Form. Failure to file IRS Form 8621 for each applicable taxable year may result in substantial
penalties and the statute of limitations on the assessment and collection of U. S. federal income taxes of such U. S. Investor for the related
taxable year may not close until three years after the date on which the required information is filed. U. S. Investors should consult
their tax advisors regarding the IRS information reporting and filing obligations that may arise as a result of the ownership of shares
in a PFIC, including IRS Form 8621.

Backup Withholding Tax and Information Reporting Requirements

Generally, information reporting requirements will apply to distributions
on our ordinary shares or ADSs or proceeds