Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 277

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 277
---
ordinary shares (the treatment of which is described under “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Ordinary Shares and Warrants” below).

Dividends paid by us will be
taxable to a corporate U.S. Holder at regular rates and will not be eligible for the dividends-received deduction generally allowed to
domestic corporations in respect of dividends received from other domestic corporations. With respect to non-corporate U.S. Holders,
dividends paid by us generally will be taxed at the lower applicable long-term capital gains rate (see “— Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Ordinary Shares and Warrants” below) only if our ordinary shares
are readily tradable on an established securities market in the United States, we are not a PFIC at the time the dividend was paid or
in the previous year, and certain other requirements are met. It is unclear, however, whether certain redemption rights described in
this prospectus may suspend the running of the applicable holding period of the ordinary shares for this purpose. U.S. Holders should
consult their own tax advisors regarding the availability of such lower rate for any dividends paid with respect to our ordinary shares.

<div align='center'>184</div>

Gain or Loss on Sale, Taxable Exchange or Other Taxable Disposition of Ordinary Shares and Warrants

Subject to the PFIC rules discussed
below, a U.S. Holder generally will recognize capital gain or loss on the sale or other taxable disposition of our ordinary shares or
warrants (including a redemption of our ordinary shares (as described below) or warrants that is treated as a taxable disposition, including
pursuant to our dissolution and liquidation if we do not consummate an initial business combination within the required time period).
Any such capital gain or loss generally will be long-term capital gain or loss if the U.S. Holder’s holding period for such ordinary
shares or warrants exceeds one year.

Long-term capital gain realized
by a non-corporate U.S. Holder may be eligible for reduced rates of taxation. It is unclear, however, whether certain redemption rights
described in this prospectus may suspend the running of the applicable holding period of the ordinary shares for this purpose. If the
running of the holding period for the ordinary shares is suspended, then non-corporate U.S. Holders may not be able to satisfy the one-year
holding period requirement for long-term capital gain treatment,