Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 359

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 359
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.the dividends are effectively connected with such Non -U.S. Holder’s conduct of a trade or business within the United States and are includible in such Non -U.S. Holder’s gross income. 157 “Effectively connected” dividends are taxed at rates applicable to U.S. citizens, resident aliens and domestic U.S. corporations. “Effectively connected” dividends that a corporate Non -U.S. Holder receives may, under certain circumstances, be subject to an additional “branch profits tax” at a 30% rate or at a lower rate if such Non -U.S. Holder is eligible for the benefits of an income tax treaty that provides for a lower rate. Sales or Other Taxable Exchanges or Dispositions of Shares of StablecoinX Common Stock A Non -U.S. Holder generally will not be subject to U.S. federal income tax on gain that such Non -U.S. Holder recognizes on a sale or other taxable disposition of shares of StablecoinX Common Stock unless: i.the gain is “effectively connected” with such Non -U.S. Holder’s conduct of a trade or business in the United States, and the gain is attributable to a permanent establishment that such Non -U.S. Holder maintains in the United States, if that is required by an applicable income tax treaty as a condition for subjecting such Non -U.S. Holder to United States taxation on a net income basis, ii.such Non -U.S. Holder is an individual, such Non -U.S. Holder is present in the United States for 183 or more days in the taxable year of the sale, and certain other conditions exist, or iii.StablecoinX is or becomes a “United States real property holding corporation” (as described below), at any time within the five -yearperiod preceding the disposition or such Non -U.S. Holder’s holding period for such Non -U.S. Holder’s shares of StablecoinX Common Stock, whichever period is shorter, such Non -U.S. Holder is not eligible for a treaty exemption, and either (i) StablecoinX Common Stock is not regularly traded on an established securities market during the calendar year in which the sale or disposition occurs or (ii) such Non -U.S. Holder owned or is deemed to have owned, at any time within the five -yearperiod preceding the disposition or such Non -U.S. Holder’s holding period for such Non -U.S. Holder’s shares of StablecoinX Common Stock, whichever period is shorter, more than