Company: SQFTP
Filing Date: 2025-12-15
Form Type: S-11
Source: 0001493152-25-027787
Chunk: 99

Company: Presidio Property Trust, Inc.
Filing Date: 2025-12-15
Form: S-11
Chunk 99
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 to withhold U.S. federal income tax at the rate of 30% on any distributions made to a non-U.S. holder unless:

| (1) | a                                                                                                                                     
 lower treaty withholding tax rate applies and the non-U.S. holder furnishes a timely completed IRS Form W-8BEN or W-8BEN-E (or other  
 applicable documentation) evidencing eligibility for that reduced treaty rate; or                                                     |
| (2) | the                                                                                                                                   
 non-U.S. holder furnishes an IRS Form W-8ECI (or other applicable documentation) claiming that the distribution is income effectively 
 connected with the non-U.S. holder’s trade or business; or                                                                            |
| (3) | the                                                                                                                                   
 non-U.S. holder, if acting as an intermediary, furnishes a completed IRS Form W-8 IMY (or other applicable documentation), with       
 accompanying timely completed IRS Form W-8BENs or W-8BEN-Es (or other applicable documentation) for ultimate beneficial owners of     
 such distributions evidencing eligibility for reduced treaty rates.                                                                   |

Distributions in excess of our current and accumulated earnings and profits will not be taxable to a non-U.S. holder to the extent that such distributions do not exceed the adjusted tax basis of the holder’s capital stock, but rather will reduce the adjusted tax basis of such stock. To the extent that such distributions exceed the non-U.S. holder’s adjusted tax basis in such capital stock, they generally will give rise to gain from the sale or exchange of such stock, the tax treatment of which is described below. However, under current U.S. tax law such excess distributions may be treated as dividend income for certain non-U.S. holders. For withholding purposes, we expect to treat all distributions as made out of our current or accumulated earnings and profits. However, amounts withheld may be refundable if it is subsequently determined that the distribution was, in fact, in excess of our current and accumulated earnings and profits, provided that certain conditions are met.

| 61 |

Capital Gain Dividends and Distributions Attributable to a Sale or Exchange of United States Real Property Interests.

Distributions paid to a non-U.S. holder that we properly designate as capital gain dividends, other than those arising from the disposition of a USRPI, generally should not be subject to U.S. federal income taxation, unless:

| (1) | the                                                                                                                                   
 investment in our capital stock is treated as effectively connected income with the conduct by