Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 152

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 152
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 and Disposition of Class A Ordinary Shares and Warrants to U. S. Holders - Possible Constructive Distributions”) paid or deemed paid to a Non-U. S. Holder in respect of Class A Ordinary Shares or (ii) gain realized upon the sale or other taxable disposition of Class A Ordinary Shares and/or Warrants by a Non-U. S. Holder generally will not be subject to U. S. federal income taxation or withholding tax unless:

• the gain or dividend is effectively connected with the Non-U. S. Holder’s conduct of a trade or business within the U. S. (and, if required by an applicable income tax treaty, the Non-U. S. Holder maintains a permanent establishment or a “fixed base” in the U. S. to which such gain is attributable); or

• in the case of any gain, the Non-U. S. Holder is a nonresident alien individual present in the U. S. for 183 days or more during the taxable year of the disposition and certain other requirements are met.

Gain or distributions described in the first bullet point above generally will be subject to U. S. federal income tax on a net income basis at the regular rates. A Non-U. S. Holder that is a corporation also may be subject to a branch profits tax at a rate of 30% (or such lower rate specified by an applicable income tax treaty) on such effectively connected gain, as adjusted for certain items.

Gain described in the second bullet point above will be subject to U. S. federal income tax at a rate of 30% (or such lower rate specified by an applicable income tax treaty), which may be offset by U. S. source capital losses of the Non-U. S. Holder (even though the individual is not considered a resident of the U. S.), provided the Non-U. S. Holder has timely filed U. S. federal income tax returns with respect to such losses.

Table of C ontents

The U. S. federal income tax treatment of a Non-U. S. Holder’s exercise of a Warrant, or the lapse of a Warrant held by a Non-U. S. Holder, generally will correspond to the U. S. federal income tax treatment of the exercise or lapse of a Warrant by a U. S. Holder, as described under “ - U. S. Holders - U. S. Federal Income Tax Consequences of the Ownership and Disposition of Class A Ordinary Shares and Warrants to U.