Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 143

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 143
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 foreign taxes are complex. U. S. Holders are urged to consult your tax advisors regarding the Foreign Tax Credit Regulations and the availability of the foreign tax credit or a deduction under your particular circumstances.

Sales, Exchanges, Redemption or Other Taxable Disposition of Gogoro Ordinary Shares

Subject to the discussion below under “ - Passive Foreign Investment Company Rules,” a U. S. Holder generally would recognize gain or loss on any sale, exchange, redemption or other taxable disposition of Gogoro Ordinary Shares in an amount equal to the difference between (i) the amount realized on the disposition and (ii) such U. S. Holder’s adjusted tax basis in such Gogoro Ordinary Shares. Any gain or loss recognized by a U. S. Holder on a taxable disposition of Gogoro Ordinary Shares generally will be capital gain or loss. Under current law, a non-corporate U. S. Holder, including an individual, who has held the Gogoro Ordinary Shares for more than one year generally will be eligible for reduced tax rates for such long-term capital gains. The deductibility of capital losses is subject to limitations. Any such gain or loss recognized generally will be treated as U. S. source gain or loss. In the event any non-U. S. tax (including withholding tax) is imposed upon such sale or other disposition, a U. S. Holder’s ability to claim a foreign tax credit for such non-U. S. tax is subject to various limitations and restrictions. U. S. Holders should consult their own tax advisors regarding the ability to claim a foreign tax credit.

Passive Foreign Investment Company Rules

The treatment of U. S. Holders of the Gogoro Ordinary Shares could be materially different from that described above if Gogoro is treated as a PFIC for U. S. federal income tax purposes. A non-U. S. entity treated as a corporation for U. S. federal income tax purposes generally will be a PFIC for U. S. federal income tax purposes for any taxable year if either:

▪ at least 75% of its gross income for such year is passive income; or

▪ at least 50% of the value of its assets (generally based on an average of the quarterly values of the assets) during such year is attributable to assets that produce passive income or are held for the production of passive income.

For this purpose, passive income generally includes dividends, interest, royalties and rents (other than royalties and rents derived in the