Company: CL
Filing Date: 2025-04-28
Form Type: 424B2
Source: 0001104659-25-039840
Chunk: 23

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-04-28
Form: 424B2
Chunk 23
---
 of tax accounting.

Sale, Exchange, Redemption or Retirement of the Notes. Upon the sale, exchange, redemption, retirement or other taxable disposition of a Note, a U.S. Holder generally
will recognize gain or loss equal to the difference between (i) the sum of all cash plus the fair market value of all other property
received on such disposition (other than amounts attributable to accrued interest, which amounts would be treated as ordinary interest
income to the extent not previously so treated) and (ii) the U.S. Holder’s adjusted tax basis in such Note. A U.S. Holder’s
adjusted tax basis in a Note generally will equal the cost of the Note to the U.S. Holder, decreased by the amount of any payments (other
than payments of stated interest) on the Note.

Gain or loss recognized on the sale, exchange,
redemption, retirement, or other taxable disposition of a Note generally will constitute capital gain or loss and will be long-term capital
gain or loss if the U.S. Holder has held the Note for more than one year. The deductibility of capital losses is subject to limitations.

Medicare Tax on Net Investment Income.
Certain U.S. Holders that are individuals, estates or trusts will be subject to a 3.8% tax on all or a portion of their “net investment
income,” which may include all or a portion of their interest income and net gains from the disposition of Notes. Each U.S. Holder
that is an individual, estate or trust is urged to consult its tax advisors regarding the applicability of the Medicare tax to its income
and gains in respect of its investment in the Notes.

<div align='center'>S-12</div>

Backup Withholding and Information Reporting.
A U.S. Holder of a Note may be subject, under certain circumstances, to information reporting and backup withholding with respect to payments
of interest on, and gross proceeds from a sale, exchange, redemption, retirement or other disposition of, a Note. These backup withholding
rules apply if the U.S. Holder, among other things:

| (a) | fails to furnish a social security number or other taxpayer identification number (“TIN”) certified under penalties of 
 perjury within a reasonable time after the request therefor;                                                           |

| (b) | furnishes an incorrect TIN; |

| (c) | is notified it is subject to backup withholding because such holder previously failed to properly report interest or dividends; |

| (d) | under certain circumstances,