Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 246

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 9
Chunk 246
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 subject to certain conditions;
(iii) such U. S. resident if an individual, was present in Israel for a period or periods aggregating to 183 days or more during the
relevant taxable year; (iv) the capital gain arising from such sale, exchange or disposition is attributed to real estate located
in Israel; or (v) the capital gains arising from such sale, exchange or disposition is attributed to royalties. In each case, the sale,
exchange or disposition of such shares would be subject to Israeli tax, to the extent applicable; however, under the United States-Israel
Tax Treaty, the United States resident would be permitted to claim a credit for the Israeli tax against the United States federal income
tax imposed with respect to the sale, exchange or disposition, subject to the limitations in United States laws applicable to foreign
tax credits. The United States-Israel Tax Treaty does not relate to U. S. state or local taxes.

In some instances, where our shareholders may be liable for Israeli
tax on the sale of their ordinary shares, the payment of the consideration may be subject to the withholding of Israeli tax at source.
Shareholders 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, in transactions involving a sale of all of the shares of an Israeli resident company, in the form of
a merger or otherwise, the Israel Tax Authority may require from shareholders who are not liable for Israeli tax to sign declarations
in forms specified by this authority or obtain a specific exemption from the Israel Tax Authority to confirm their status as non-Israeli
resident, and, in the absence of such declarations or exemptions, may require the purchaser of the shares to withhold taxes at source.

A detailed return, including a computation of the tax due, must
be filed and an advance payment must be paid on January 31 and July 30 of each tax year for sales of securities traded on a stock exchange
made within the previous six months. However, if all tax due was withheld at the source according to applicable provisions of the Israeli
Tax Ordinance and the regulations promulgated thereunder, the return does not need to be filed provided that (i) such income was not generated
from business conducted in Israel by the taxpayer, (ii) the taxpayer has no other taxable sources of income in Israel with respect to
which a tax return is required to be filed and an advance payment does not need to be made, and (iii) the