Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 180

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 180
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 equal to the difference between the amount realized
for the common stock and the U. S. holder’s tax basis in the common stock. This gain or loss generally will be capital gain or loss.
Under current law, non-corporate U. S. holders, including individuals, are eligible for reduced tax rates if the common stock has been
held for more than one year. The deductibility of capital losses is subject to limitations. A U. S. holder may be eligible to claim a foreign
tax credit with respect to any PRC withholding tax imposed on gain from the sale or other disposition of common stock. However, the foreign
tax credit rules are complex, and their application in connection with Section 7874 of the Code and the U. S.-PRC Tax Treaty is not entirely
clear at this time. U. S. holders should consult their own tax advisors with respect to any benefits they may be entitled to under the
foreign tax credit rules and the U. S.-PRC Tax Treaty.

Unearned Income Medicare Contribution

Certain U. S. holders who are individuals, trusts
or estates are required to pay an additional 3.8% Medicare tax on, among other things, dividends on and capital gains from the sale or
other disposition of shares of stock. U. S. holders should consult their own advisors regarding the effect, if any, of this rule on their
ownership and disposition of our Common Stock.

U. S. Federal Income Tax Consequences for
Non-U. S. Holders

Distributions

The rules applicable to non-U. S. holders for determining
the extent to which distributions on our Common Stock, if any, constitute dividends for U. S. federal income tax purposes are the same
as for U. S. holders. See “ - U. S. Federal Income Tax Consequences for U. S. Holders - Distributions.”

Any dividends paid to a non-U. S. holder by us
are treated as income derived from sources within the United States and generally will be subject to U. S. federal income tax withholding
at a rate of 30% of the gross amount of the dividends, or at a lower rate provided by an applicable income tax treaty if non-U. S. holders
provide proper certification of eligibility for the lower rate (usually on IRS Form W-8BEN or W-8BEN-E). Dividends received by a non-U. S.
holder that are effectively connected with such holder’s conduct of