Company: GOOGL
Filing Date: 2025-11-05
Form Type: 424B2
Source: 0001193125-25-267232
Chunk: 43

Company: Alphabet Inc.
Filing Date: 2025-11-05
Form: 424B2
Chunk 43
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 in ordinary income the U.S. dollar value of the euros interest payment determined based
on the exchange rate in effect on the date the payment is received, regardless of whether the payment is in fact converted to U.S. dollars. A U.S. holder that uses the accrual method of accounting for U.S. federal income tax purposes will accrue
interest income on a note in euros and translate the amount accrued into U.S. dollars based on the average exchange rate in effect during the interest accrual period (or portion thereof within the holder’s taxable year), or at the
holder’s election, at the spot rate of exchange on the last day of the accrual period (or the last day of the taxable year within such accrual period if the accrual period spans more than one taxable year), or at the spot rate of exchange on
the date of receipt, if that date is

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within five business days of the last day of the accrual period. A U.S. holder that makes this election must apply it consistently to all debt instruments from year to year and cannot change the
election without the consent of the Internal Revenue Service (the “IRS”).

A U.S. holder who uses the accrual method will recognize foreign
currency gain or loss, as the case may be, on the receipt of an interest payment made with respect to a note (including amounts received upon the sale or other disposition of a note attributable to accrued interest previously included in income as
described below under “—Sale, Exchange, Redemption or Retirement of Notes”) if the exchange rate in effect on the date the payment is received differs from the rate applicable to a previous accrual of that interest income. This
foreign currency gain or loss will generally be treated as ordinary income or loss and will not be treated as an adjustment to interest income received on the note.

Sale, Exchange, Redemption or Retirement of Notes

Upon the sale, exchange, redemption or retirement of a note, a U.S. holder generally will recognize gain or loss equal to the difference between the amount
realized on the sale, exchange, redemption or retirement (less any accrued but unpaid interest, which will be taxable as ordinary interest income as described above) and the U.S. holder’s tax basis in such note.

A U.S. holder’s tax basis in a note generally will be the U.S. dollar value of the purchase price of that note on the date of purchase. The amount
realized upon the sale, exchange, redemption or retirement of