Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 222

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 222
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 penalties would not

apply to a pension

or profit sharing trust

or other tax-exempt organization that

did not borrow

funds or otherwise

utilize leverage in

connection with its

acquisition of

the common stock.

If

a Non-Electing Holder who is an individual dies while

owning the common stock, such Holder’s successor

generally would not receive a step-up in tax basis with respect

to such stock.

U. S. Federal Income Taxation of “ Non-U. S. Holders”

A beneficial owner of

our common stock that is

not a U. S. Holder (other

than a partnership) is referred

to

herein as a “ Non-U. S. Holder.”

Dividends on Common Stock

Non-U. S.

Holders

generally

will

not

be

subject

to

U. S.

federal

income

or

withholding

tax

on

dividends

received from us

with respect to

our common stock,

unless that income

is effectively

connected with the

Non-U. S. Holder’s conduct of a trade

or business in the United States.

If the Non-U. S. Holder is entitled

to

the benefits of

a U. S. income

tax treaty with

respect to those

dividends, that income

is taxable in

the United

States only if

attributable to a permanent

establishment maintained by the Non-U. S.

Holder in the United

States.

Sale, Exchange or Other Disposition of Common Stock

Non-U. S.

Holders

generally

will

not

be

subject

to

U. S.

federal

income

or

withholding

tax

on

any

gain

realized upon the sale, exchange or other disposition of our common

stock, unless:

•

the

gain

is

effectively

connected

with

the

Non-U. S.

Holder’s

conduct

of

a

trade

or

business in the United States. If

the Non-U. S. Holder is entitled to

the benefits of a U. S.

108

income tax treaty with respect to that gain, the gain is taxable in

the United States only

if attributable

to a

permanent establishment maintained

by the

Non-U. S. Holder

in the

United States; or

•

the Non-U. S. Holder is an individual who