Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 51

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 51
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 than an “exempt recipient,” including a corporation and certain other persons who, when required, demonstrate their exempt status) may be subject to backup withholding on, and to information reporting requirements with respect to, payments of principal and interest on, and proceeds from the sale, exchange, redemption, retirement or other taxable disposition of the Notes. In general, if a non -corporateU.S. holder subject to information reporting fails to furnish a correct taxpayer identification number or otherwise fails to comply with applicable backup withholding requirements, backup withholding at the applicable rate (currently 24%) may apply. The amount of interest we pay to a non -U.S. holder on the Notes will be reported to such non -U.S. Holder and to the IRS annually on an IRS Form 1042 -Seven if the non -U.S. holder is exempt from the 30% withholding tax described above. Copies of the information returns reporting those payments and the amounts withheld, if any, may also be made available to the tax authorities in the country where the non -U.S. holder is resident under provisions of an applicable income tax treaty or agreement. In addition, backup withholding tax and certain other information reporting requirements apply to payments of principal and interest on, and proceeds from the sale, exchange, redemption, retirement or other taxable disposition of the Notes, unless an exemption applies. Backup withholding and information reporting will not apply to payments we make to a non -U.S. holder if such non -U.S. holder has provided to the applicable withholding agent under penalties of perjury the required certification of their non -U.S. person status as discussed above (and the applicable withholding agent does not have actual knowledge or reason to know that they are a U.S. person) or if the non -U.S. holder is an exempt recipient. If a non -U.S. holder sells or redeems a Note through a U.S. broker or the U.S. office of a foreign broker, the proceeds from such sale or redemption will be subject to information reporting and backup withholding unless such non -U.S. holder provides a withholding certificate or other appropriate documentary evidence establishing that such non -U.S. holder is not a U.S. person to the broker and such broker does not have actual knowledge or reason to know that such non -U.S. holder is a U.S. person, or the non -U.S. holder is an exempt recipient eligible for an exemption from information reporting and backup withholding. If a non -U.S. holder sells or redeems a