Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 232

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 232
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 minimum tax;
•        a person who owns or is deemed to own 10% or more of our stock (by vote or value);
•        a person required to accelerate the recognition of any item of gross income with respect to Ordinary 
Shares or Warrants as a result of such income being recognized on an applicable financial statement; or
•        a person whose “functional currency” is not the U.S. dollar.
If a partnership (or other entity or arrangement treated as a partnership for U.S. federal income tax purposes) 
holds Ordinary Shares or Warrants, the tax treatment of a partner will generally depend upon the status of the partner 
and the activities of the partnership. If you are a partnership or a partner of a partnership holding Ordinary Shares, 
you should consult your tax advisors.
This discussion does not contain a detailed description of all the U.S. federal income tax consequences to you 
in light of your particular circumstances and does not address the Medicare tax on net investment income, 
U.S. federal estate and gift taxes or the effects of any state, local or non-U.S. tax laws.
If you are considering the purchase of Ordinary Shares or Warrants, you should consult your own tax 
advisors concerning the particular U.S. federal income tax consequences to you of the ownership and 
disposition of Ordinary Shares or Warrants, as applicable, as well as the consequences to you arising under 
other U.S. federal tax laws and the laws of any other taxing jurisdiction.
Taxation of Dividends
Subject to the discussion under “— Passive Foreign Investment Company” below, the gross amount of 
distributions on the Ordinary Shares (including any amounts withheld to reflect Dutch withholding taxes) will be 
taxable as dividends to the extent paid out of our current or accumulated earnings and profits, as determined under 
U.S. federal income tax principles. To the extent that the amount of any distribution exceeds our current and 
accumulated earnings and profits for a taxable year, the distribution will first be treated as a tax-free return of 
capital, causing a reduction in your tax basis in your Ordinary Shares, and to the extent the amount of the 
distribution exceeds your tax basis, the excess will be taxed as capital gain recognized on a sale or exchange. We do 
not, however, expect to determine earnings and profits in accordance with U.S. federal income tax principles. 
Therefore, you should expect that a distribution will generally be reported as a dividend.
Any dividends that you receive (including any withheld taxes)