Company: MSEX
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047381
Chunk: 18

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: 424B5
Chunk 18
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Provisions of the Code commonly
referred to as the Foreign Account Tax Compliance Act and U.S. Treasury regulations and administrative rules issued thereunder (collectively,
“FATCA”) may impose withholding tax on certain types of payments made to “foreign financial institutions” and
“non-financial foreign entities” as defined in the Code and applicable U.S. Treasury regulations. FATCA generally imposes
a U.S. federal withholding tax of 30% on dividends on, or gross proceeds from the sale or other disposition of, our Common Stock paid
to (i) a foreign financial institution, whether such foreign financial institution is the beneficial owner or an intermediary, unless
such institution enters into an agreement with the U.S. government to withhold on certain payments and to collect and provide to the U.S.
tax authorities substantial information regarding U.S. account holders of such institution (which includes certain equity and debt holders
of such institution, as well as certain account holders that are foreign entities with U.S. owners) or (ii) a non-financial foreign
entity, whether such non-financial foreign entity is the beneficial owner or an intermediary, unless such entity provides a certification
that the beneficial owner of the payment does not have any substantial U.S. owners or provides the withholding agent with a certification
identifying the direct and indirect U.S. owners of the entity. Under certain circumstances, a non-U.S. holder might be eligible for refunds
or credits of such taxes. In certain cases, the relevant foreign financial institution or non-financial foreign entity may qualify for
an exemption from, or be deemed to be in compliance with, these rules. If the country in which the payee is resident has entered into
an “intergovernmental agreement” with the United States regarding FATCA, the payee may be permitted to report to that country
instead of the United States, and the intergovernmental agreement may otherwise modify the requirements described in this paragraph. The
U.S. Treasury Secretary has issued proposed U.S. Treasury regulations providing that the withholding provisions under FATCA do not apply
with respect to payment of gross proceeds from a sale, taxable exchange or other taxable disposition of our Common Stock, which may be
relied upon by taxpayers until final regulations are issued. Prospective investors are encouraged to consult with their own tax advisors
regarding the possible implications of FATCA on their investment in our Common Stock.

The preceding summary and discussion of U.S. federal income tax considerations is for general informational purposes only.