Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 233

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 233
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 will be includable in your gross income as 
ordinary income on the day actually or constructively received by you. Such dividends will not be eligible for the 
dividends received deduction generally allowed to corporations under the Code.
Subject to applicable limitations (including a minimum holding period requirement), dividends received by 
non-corporate U.S. Holders from a qualified foreign corporation may be treated as “qualified dividend income” that 
is subject to reduced rates of taxation. A qualified foreign corporation includes a foreign corporation that is eligible 
for the benefits of a comprehensive income tax treaty with the United States which the United States Treasury 
Department determines to be satisfactory for these purposes and which includes an exchange of information 
provision. The United States Treasury Department has determined that the Treaty meets these requirements. A 
foreign corporation is also treated as a qualified foreign corporation with respect to dividends paid by that 
corporation on shares that are readily tradable on an established securities market in the United States. U.S. Treasury 
Department guidance indicates that Ordinary Shares, which are listed on the NASDAQ, are readily tradable on an 
established securities market in the United States. There can be no assurance, however, that Ordinary Shares will be 
considered readily tradable on an established securities market in the United States in later years. You should consult 
your own tax advisors regarding the application of these rules to your particular circumstances.
Notwithstanding the foregoing, we will not be treated as a qualified foreign corporation, and non-corporate 
U.S. Holders will not be eligible for reduced rates of taxation on any dividends received from us, if we are a passive 
foreign investment company in the taxable year in which such dividends are paid or in the preceding taxable year 
(see “— Passive Foreign Investment Company” below).

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The amount of any dividend paid in euros will equal the U.S. dollar value of the euros received calculated by 
reference to the exchange rate in effect on the date the dividend is actually or constructively received by you,
regardless of whether the euros are converted into U.S. dollars. If the euros received as a dividend are converted into 
U.S. dollars on the date they are received, you generally will not be required to recognize foreign currency gain or 
loss in respect of the dividend income. If the euros received as a dividend are not converted into U.S. dollars on the 
date of receipt, you will have a basis in the euros equal to their U.S. dollar value on the date of receipt.