Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 57

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 57
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, in accordance with the holder’s method of accounting
for U.S. federal income tax purposes. It is expected, and this discussion assumes, that the Notes will be issued without original issue
discount (“OID”) for U.S. federal income tax purposes. In general, however, if the Notes are issued with OID at or above
a de minimis threshold, a U.S. holder will be required to include OID in gross income, as ordinary income, under a “constant
yield method” before the receipt of cash attributable to such income, regardless of the U.S. holder’s regular method of accounting
for U.S. federal income tax purposes.

Subject to generally applicable
limitations and conditions, Brazilian interest withholding tax paid at the appropriate rate applicable to the U.S. holder may be eligible
for credit against such U.S. holder’s U.S. federal income tax liability. These generally applicable limitations and conditions
include requirements adopted by the U.S. Internal Revenue Service (“IRS”) in regulations promulgated in December 2021
and any Brazilian tax will need to satisfy these requirements in order to be eligible to be a creditable tax for a U.S. holder. In the
case of a U.S. holder that consistently elects to apply a modified version of these rules under temporary guidance and complies
with specific requirements set forth in such guidance, the Brazilian tax on interest generally will be treated as meeting the requirements
and therefore as a creditable tax. In the case of all other U.S. holders, the application of these requirements to the Brazilian tax
on interest is uncertain and we have not determined whether these requirements have been met. If the Brazilian interest tax is not a
creditable tax or the U.S. holder does not elect to claim a foreign tax credit for any foreign income taxes paid or accrued in the same
taxable year, the U.S. holder may be able to deduct the Brazilian tax in computing such U.S. holder’s taxable income for U.S. federal
income tax purposes. There are substantial limitations to the deductibility of taxes for non-corporate U.S. holders. Interest and Additional
Amounts will constitute income from sources without the United States and, for U.S. holders that elect to claim foreign tax credits,
generally will constitute “passive category income” for foreign tax credit purposes.

The availability and calculation
of foreign tax credits and deductions for foreign taxes depend on a U.S. holder’s particular circumstances and involve the application
of very complex rules to