Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 109

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 109
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) will be includible in income for a U. S.
Holder and subject to United States federal income taxation. Dividends paid to a noncorporate U. S. Holder may be taxed at the lower capital
gain rates applicable to “qualified dividend income”, currently, 20 percent, provided that (1) our ordinary shares are readily
tradable on an established securities market in the United States (such as Nasdaq) or we are eligible for benefits under the Treaty,
(2) we are neither a PFIC nor treated as such with respect to such a noncorporate U. S. Holder (as discussed below) for either the taxable
year in which the dividend was paid or the preceding taxable year, (3) certain holding period requirements are met and (4) such a noncorporate
U. S. Holder is not under an obligation to make related payments with respect to positions in substantially similar or related property.
As discussed below under “ Passive foreign investment company considerations,” we may be a PFIC for U. S. federal income tax
purposes for 2024 and in the future, and, as a result, the qualified dividend rate may be unavailable with respect to dividends we pay.

A
U. S. Holder must include any Israeli tax withheld from the dividend payment in the gross amount of the dividend even though the holder
does not in fact receive it. The dividend is taxable to the holder when the holder, in the case of shares, or the Depositary, in the
case of ADSs, receives the dividend, actually or constructively. Because we are not a United States corporation, the dividend will not
be eligible for the dividends-received deduction generally allowed to United States corporations in respect of dividends received from
other United States corporations. The amount of the dividend distribution includible in a U. S. Holder’s income will be the U. S.
dollar value of the NIS payments made, determined at the spot NIS/U. S. dollar rate on the date the dividend distribution is includible
in income, regardless of whether the payment is in fact converted into U. S. dollars. Generally, any gain or loss resulting from currency
exchange fluctuations during the period from the date the dividend payment is included in income to the date the payment is converted
into U. S. dollars will be treated as ordinary income or loss and will not be eligible for the special tax rate applicable to qualified
dividend income. The gain or loss generally will be income or