Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 139

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 139
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 (both actual and deemed), and gains realized upon the sale or redemption of our common stock that are effectively connected to a U.S. trade or business may, under certain circumstances, be subject to an additional “branch profits tax” at a 30% rate (or at a lower rate if provided for by an applicable treaty). Under the dividend reinvestment plan, our stockholders who have not “opted out” of our dividend reinvestment plan will have their cash distributions automatically reinvested in additional shares of our common stock, rather than receiving the cash distributions. If the distribution is a distribution of our investment company taxable income, is not properly reported by us as a short -termcapital gains dividend or interest -relateddividend (assuming extension of the exemption discussed above), and is not effectively connected with a U.S. trade or business of the Non -U.S. stockholder (and, if a treaty applies, is not attributable to a permanent establishment), the amount distributed (to the extent of our current and accumulated earnings and profits) will be subject to U.S. federal withholding tax at a 30% rate (or lower rate provided by an applicable treaty) and only the net after -taxamount will be reinvested in common shares. If the distribution is effectively connected with a U.S. trade or business of the Non -U.S. stockholder (and no withholding applies because applicable certifications are provided by the Non -U.S. stockholder), generally the full amount of the distribution will be reinvested in the plan and will nevertheless be subject to U.S. federal income tax at the ordinary income rates applicable to U.S. persons. The Non -U.S. stockholder will have an adjusted basis in the additional common shares purchased through the plan equal to the amount reinvested. The additional shares will have a new holding period commencing on the day following the day on which the shares are credited to the Non -U.S. stockholder’s account. A Non -U.S. stockholder who is a non -residentalien individual, and who is otherwise subject to withholding of U.S. federal tax, may be subject to information reporting and backup withholding of U.S. federal income tax on dividends unless the Non -U.S. stockholder provides us or the dividend paying agent with an IRS Form W -8BENor IRS Form W -8BEN-Eor an acceptable substitute form or otherwise meets documentary evidence requirements for establishing that it is a Non -U.S. stockholder or otherwise establishes an exemption