Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 121

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 10
Chunk 121
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 three
preceding taxable years or, if shorter, the U. S. Holder’s holding period for the Ordinary Share), and (ii) any gain
realized on the sale or other disposition of Ordinary Share. Under these rules,

  the U. S. Holder’s gain or excess distribution will be allocated ratably over the U. S. Holder’s  

  the amount allocated to the current                                                 

  the amount allocated to each prior taxable year, other than a pre-PFIC year, will be subject to tax at  

  an additional tax equal to the interest charge generally applicable to underpayments of tax will be imposed      

If we are treated as a PFIC
for any taxable year during which a U. S. Holder holds our Ordinary Share, or if any of our subsidiary is also a PFIC, such U. S. Holder
would be treated as owning a proportionate amount (by value) of the shares of any lower-tier PFICs for purposes of the application of
these rules. U. S. Holders are urged to consult their tax advisors regarding the application of the PFIC rules to any of our subsidiary.

As an
alternative to the foregoing rules, a U. S. Holder of “marketable stock” in a PFIC may make a mark-to-market
election with respect to such stock, provided that such stock is “regularly traded” within the meaning of applicable
U. S. Treasury regulations. If our Ordinary Share qualify as being regularly traded, and an election is made, the
U. S. Holder will generally (i) include as ordinary income for each taxable year that we are a PFIC the excess, if any, of
the fair market value of Ordinary Share held at the end of the taxable year over the adjusted tax basis of such Ordinary Share and
(ii) deduct as an ordinary loss the excess, if any, of the adjusted tax basis of the Ordinary Share over the fair market value
of such Ordinary Share held at the end of the taxable year, but such deduction will only be allowed to the extent of the amount
previously included in income as a result of the mark-to-market election. The U. S. Holder’s adjusted tax basis in the
Ordinary Share would be adjusted to reflect any income or loss resulting from the mark-to-market election. If a U. S. Holder
makes a mark-to-market election in respect of a corporation classified as a PFIC and such corporation ceases to be classified as a
PF