Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 105

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 105
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, subject
to the limitations under U. S. laws applicable to foreign tax credits. The United States-Israel Tax Treaty does not provide such credit
against any U. S. state or local taxes.

Upon
the sale of securities, the purchaser, the Israeli stockbroker or the Israeli financial institution through which the shares are held
is obligated, subject to the above exemptions, to withhold tax from the Real Gain at the rate of 25% or 23% in respect of an individual
or corporation, respectively.

Upon
the sale of securities traded on a stock exchange, a detailed return, including a computation of the tax due, must be filed and an advance
payment must be made on January 31 and July 31 of every tax year, in respect of sales of securities made within the previous six months
by Israeli residents for whom tax has not already been deducted. However, if all tax due was withheld at source according to applicable
provisions of the ITO and the regulations promulgated thereunder, there is no need to file a return and no advance payment must be paid.
Capital gains are also reportable on the annual income tax return.

Regardless
of whether non-Israeli shareholders may be liable for Israeli capital gains tax on the sale of our ordinary shares or ADSs, the payment
of the consideration for such sale may be subject to withholding of Israeli tax at source and holders of our ordinary shares may be required
to demonstrate that they are exempt from tax on their capital gains in order to avoid withholding at source at the time of sale. Specifically,
the Israel Tax Authority may require shareholders who are not liable for Israeli capital gains tax on such a sale to sign declarations
in forms specified by the Israel Tax Authority, provide documentation (including, for example, a certificate of residency) or obtain
a specific exemption from the Israel Tax Authority confirming their status as non-Israeli residents (and, in the absence of such declarations
or exemptions, the Israel Tax Authority may require the purchaser of the shares to withhold tax at source).

Dividends

A
shareholder who is an Israeli resident individual generally will be subject to income tax at a rate of 25% on dividends we pay. However,
a 30% tax rate will apply if the dividend recipient is a Substantial Shareholder, as defined above, at the time of distribution or at
any time during the preceding 12-month period. If the recipient of the dividend is an Israeli resident corporation, such dividend generally
will not be included in the