Company: FORL
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054453
Chunk: 70

Company: Four Leaf Acquisition Corp
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 70
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 sale of public shares, the Non -U.S. Holder will be treated as receiving a corporate distribution, the U.S. federal income tax consequences of which are described below under “— Taxation of Redemption as a Distribution.” Because it may not be certain at the time a Non -U.S. Holder is redeemed whether such Non -U.S. Holder’s redemption will be treated as a sale of shares or a corporate distribution, and because such determination will depend in part on a Non -U.S. Holder’s particular circumstances, the applicable withholding agent may not be able to determine whether (or to what extent) a Non -U.S. Holder is treated as receiving a dividend for U.S. federal income tax purposes. Therefore, the applicable withholding agent may withhold tax at a rate of thirty percent (30%) (or such lower rate as may be specified by an applicable income tax treaty) on the gross amount of any consideration paid to a Non -U.S. Holder in redemption of such Non -U.S. Holder’s public shares, unless (a) the applicable withholding agent has established special procedures allowing Non -U.S. Holders to certify that they are exempt from such withholding tax and (b) such Non -U.S. Holders are able to certify that they meet the requirements of such exemption (e.g., because such Non -U.S. Holders are not treated as receiving a dividend under the Section 302 tests described above under the section entitled “Tax Treatment of Redeeming Stockholders — U.S. Holders — Generally”). However, there can be no assurance that any applicable withholding agent will establish such special certification 32 procedures. If an applicable withholding agent withholds excess amounts from the amount payable to a Non -U.S. Holder, such Non -U.S. Holder generally may obtain a refund of any such excess amounts by timely filing an appropriate claim for refund with the IRS. Non -U.S. Holders should consult their own tax advisors regarding the application of the foregoing rules in light of their particular facts and circumstances and any applicable procedures or certification requirements. Taxation of Redemption as a Distribution In general, any distributions made to a Non -U.S. Holder of public shares, to the extent paid out of the Company’s current or accumulated earnings and profits (as determined under U.S. federal income tax principles), will constitute dividends for U.S. federal income tax purposes and, provided such dividends are not effectively connected with the Non -U.S. Holder’s conduct of a trade or business within the United States,