Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 250

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 250
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 of Dutch dividend withholding tax that is less 
than that of the holder of Ordinary Shares.
In general terms, the burden of proof with respect to beneficial ownership of dividends distributed by 
Coincheck Parent for an exemption from or a reduction of Dutch dividend withholding tax rests with the holder of 
Ordinary Shares. For a credit against Dutch taxes or a refund of Dutch dividend withholding taxes, the burden of 
proof rests with the Dutch tax authorities unless the holder of Ordinary Shares would receive dividends, including 
dividends on the Ordinary Shares, in a calendar or financial year in respect of which an aggregate amount of more 
than EUR 1,000 in Dutch dividend withholding tax would be due based on the rate of 15%.
Taxes on Income and Capital Gains
Residents of the Netherlands
The description of certain Dutch tax consequences in this section is only intended for the following holder of 
Ordinary Shares:
(i)     individuals who are resident or deemed to be resident in the Netherlands (“Dutch Resident Individuals”); 
and
(ii)    entities or enterprises that are subject to the CITA and are resident or deemed to be resident in the 
Netherlands (“Dutch Resident Corporate Entities”).
Dutch Resident Individuals engaged or deemed to be engaged in an enterprise or in miscellaneous activities
Dutch Resident Individuals engaged or deemed to be engaged in an enterprise or in miscellaneous activities 
(resultaat uit overige werkzaamheden) are generally subject to income tax at statutory progressive rates with a 

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maximum of 49.50% on any benefits derived or deemed to be derived from the Ordinary Shares, including any 
capital gains realized on any disposal of the Ordinary Shares, where those benefits are attributable to:
(i)     an enterprise from which a Dutch Resident Individual derives profits, whether as an entrepreneur 
(ondernemer) or by being co-entitled (medegerechtigde) to the net worth of this enterprise other than as 
an entrepreneur or shareholder; or
(ii)    miscellaneous activities, including activities which are beyond the scope of active portfolio investment 
activities (meer dan normaal vermogensbeheer).
Dutch Resident Individuals not engaged or deemed to be engaged in an enterprise or in miscellaneous activities
Generally, Ordinary Shares held by a Dutch Resident Individual who is not engaged or deemed to be engaged 
in an enterprise or in miscellaneous activities, or who is so engaged or deemed to be engaged but the Ordinary 
Shares are not attributable to that enterprise or miscellaneous activities, will be subject to an annual income