Company: APXIF
Filing Date: 2025-01-22
Form Type: F-4
Source: 0001213900-25-005463
Chunk: 325

Company: APx Acquisition Corp. I
Filing Date: 2025-01-22
Form: F-4
Chunk 325
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 holding period requirements and other conditions are satisfied. For these purposes, a non -U.S. corporation will be treated as a qualified foreign corporation if it is eligible for the benefits of a comprehensive income tax treaty with the United States that meets certain requirements. A non -U.S. corporation is also treated as a qualified foreign corporation with respect to dividends it pays on shares that are readily tradable on an established securities market in the United States. U.S. Treasury guidance indicates that shares listed on Nasdaq (which Company Shares are expected to be) will be considered readily tradable on an established securities market in the United States. There can be no assurance that Company Shares will be considered readily tradable on an established securities market in future years. Further, the Company will not constitute a qualified foreign corporation for purposes of these rules if it is a passive foreign investment company for the taxable year in which it pays a dividend or for the preceding taxable year. Subject to certain conditions and limitations, non -refundablewithholding taxes, if any, on dividends paid by the Company may be treated as foreign taxes eligible for credit against a U.S. Holder’s U.S. federal income tax liability under the U.S. foreign tax credit rules. However, as a result of recent changes to the U.S. foreign tax credit rules, a withholding tax generally may need to satisfy certain additional requirements in order to be considered a creditable tax for a U.S. Holder. the Company has not determined whether these requirements have been met with respect to any withholding tax that may apply to dividend paid by the Company and, accordingly, no assurance can be given that any such withholding tax will be creditable. For purposes of calculating the U.S. foreign tax credit, dividends paid on Company Shares will generally be treated as income from sources outside the United States and will generally constitute passive category income. The rules governing the U.S. foreign tax credit are complex. U.S. Holders should consult their tax advisors regarding the availability of the U.S. foreign tax credit under their particular circumstances. Sale, Taxable Exchange or Other Taxable Disposition of Company Securities Subject to the PFIC rules discussed below under “— PFIC Rules”, upon any sale, exchange or other taxable disposition of any Company security, a U.S. Holder generally will recognize gain or loss in an amount equal to the difference between (i) the sum of (x) the amount of cash and (y) the fair market value of any other property, received in such sale, taxable exchange or other taxable disposition and