Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 242

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 242
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 cannot be claimed. When Ordinary Shares are transferred to 
third parties, shareholders will be taxed on the capital gains on transfer as they would be if they were investing in 
shares of a Japanese corporation, but they will also be taxed on foreign exchange gains. By filing a tax return, such 
shareholders may claim a foreign tax credit within certain credit limits for Dutch withholding tax.
If a shareholder is a corporation, and the Ordinary Shares held by the corporation are treated as “trading 
securities,” the valuation gain or loss at the end of the fiscal year is included in the amount of gain or loss for the 
purpose of calculating the Japanese corporate income tax for the fiscal year. When Ordinary Shares are transferred 
to third parties, Japanese corporate income tax will be imposed on gains on the transfer. The sale of Ordinary Shares 
in the U.S. public market does not affect the “taxable sales ratio” for Japanese consumption tax purposes since the 
transfer price is not taxable. If a share purchase agreement of Ordinary Shares is physically executed in Japan and 
the agreement specifies the price to be paid, then stamp tax may be imposed.
Material Dutch Tax Considerations of Acquiring, Owing or Disposing of Ordinary Shares
Taxation in the Netherlands
This section outlines the principal Dutch tax consequences of the acquisition, holding, settlement, redemption 
and disposal of the Ordinary Shares. It does not present a comprehensive or complete description of all aspects of 
Dutch tax law which could be relevant to a holder of Ordinary Shares. For Dutch tax purposes, a holder of Ordinary 
Shares may include an individual or entity not holding the legal title to the Ordinary Shares, but to whom, or to 
which, the Ordinary Shares are, or the income from the Ordinary Shares is, nevertheless attributed based either on 
this individual or entity owning a beneficial interest in the Ordinary Shares or on specific statutory provisions. These 
include statutory provisions attributing Ordinary Shares to an individual who is, or who has directly or indirectly 
inherited from a person who was, the settlor, grantor or similar originator of a trust, foundation or similar entity that 
holds the Ordinary Shares.
This section is intended as general information only. Prospective holders of Ordinary Shares should consult 
their own tax adviser regarding the tax consequences of any acquisition, holding or disposal of Ordinary Shares.
This section is based on Dutch tax law as applied and interpreted by Dutch tax courts and as published and in 
effect on the date of this report, including the tax rates applicable on that date,