Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 30

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 30
---
ata distribution to all our shareholders generally
will not be subject to U. S. federal income tax.

Holders of shares or ADSs
that are foreign corporations or non-resident alien individuals, or “non-U. S. holders”, generally will not be subject to U. S.
federal income tax or withholding tax on distributions with respect to shares or ADSs that are treated as dividend income for U. S. federal
income tax purposes unless such dividends are effectively connected with the conduct by the holder of a trade or business in the United
States.

10. E.10.09-02 Taxation
of capital gains

Upon the sale or other disposition
of a share or ADS, a U. S. holder generally will recognize gain or loss for U. S. federal income tax purposes. The amount of the gain or
loss will be equal to the difference between the amount realized in consideration for the disposition of the shares or ADSs and the U. S.
holder’s tax basis in the shares or ADSs. Such gain or loss generally will be subject to U. S. federal income tax as capital gain
or loss and will be long-term capital gain or loss if held for more than one year. Capital losses may be deducted from taxable income,
subject to certain limitations. Gain realized by a U. S. holder on a sale or disposition of shares or ADSs generally will be treated as
U. S. source income. If Brazilian tax is imposed on such gain, the U. S. holder is likely not to be able to claim a foreign tax credit for
that Brazilian tax. The rules governing the foreign tax credit are complex, and recent changes to the foreign tax credit rules introduced
additional requirements and limitations that may impact the creditability of non-U. S. taxes. Recent U. S. Internal Revenue Service guidance
provides temporary relief from some of these additional requirements and limitations, subject to certain requirements being met, until
further notice is provided by the U. S. Internal Revenue Service. U. S. holders should consult their own advisors with respect to the application
of these rules to their particular circumstances, including whether they can take a deduction in lieu of claiming a foreign tax credit.

A non-U. S. holder will not
be subject to U. S. federal income tax or withholding tax on the gain realized on the sale or other disposition of a share or ADS unless:
(i) such gain is effectively connected with the conduct by the holder of a trade or