Company: PERI
Filing Date: 2025-03-25
Form Type: 20-F
Source: 0001178913-25-001021
Chunk: 89

Company: Perion Network Ltd.
Filing Date: 2025-03-25
Form: 20-F
Item: Item 5
Chunk 89
---
 the creditability of Israeli taxes, if any, on disposition gains (or the ability to reduce the amount realized on dispositions
by the amount of any such taxes) in their particular circumstances.

80

Information Reporting and Backup Withholding

Payments of dividends and sales proceeds that are made within the
United States or through certain U. S.-related intermediaries may be subject to information reporting and backup withholding, unless (i)
the U. S. Holder is a corporation or other “exempt recipient” and (ii) in the case of backup withholding, the U. S. Holder provides
a correct taxpayer identification number and certifies that it is not subject to backup withholding. Backup withholding is not an additional
tax. The amount of any backup withholding from a payment to a U. S. Holder will be allowed as a credit against the U. S. Holder’s
U. S. federal income tax liability and may entitle it to a refund, provided that the required information is timely furnished to the IRS.

Certain U. S. Holders who are individuals (or certain specified
entities) may be required to report information relating to their ownership of ordinary shares or non-U. S. accounts through which the
ordinary shares are held. U. S. Holders should consult their tax advisers regarding their reporting obligations with respect to our ordinary
shares.

  DIVIDENDS AND PAYING AGENTS  

Not applicable.

  STATEMENT BY EXPERTS  

Not applicable.

  DOCUMENTS ON DISPLAY  

We are subject to the informational requirements of the Exchange
Act that are applicable to foreign private issuers, and under those requirements file reports with the SEC. Those other reports or other
information may be inspected without charge at the locations described above. As a foreign private issuer, we are exempt from the rules
under the Exchange Act related to the furnishing and content of proxy statements, and our officers, directors and principal shareholders
will be exempt from the reporting and short-swing profit recovery provisions contained in Section 16 of the Exchange Act. In addition,
we are not required under the Exchange Act to file annual, quarterly and current reports and financial statements with the SEC as frequently
or as promptly as United States companies whose securities are registered under the Exchange Act. However, we will file with the SEC,
within 120 days after the end of each subsequent fiscal year, or such applicable time as required by the SEC, an annual report on Form
20-F containing financial statements audited by an independent registered public accounting firm