Company: GAINI
Filing Date: 2025-11-06
Form Type: 424B2
Source: 0001193125-25-269767
Chunk: 54

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-11-06
Form: 424B2
Chunk 54
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BEN-E(or applicable successor form) and claim the reduction or exemption on the form. S-36

Sale or other taxable disposition of the Notes. Subject to the discussion below concerning backup withholding and FATCA, a non-U.S.holder generally will not be subject to U.S. federal income tax or withholding tax on gain recognized on the sale, exchange, redemption, retirement or other taxable disposition of a Note (other than any portion allocable to accrued and unpaid stated interest, which generally will be subject to the discussion above under “— Interest”) so long as (i) the gain is not effectively connected with the conduct of a trade of business of the non-U.S.holder in the United States (or, if a tax treaty applies, the gain is not attributable to a United States permanent establishment maintained by such non-U.S.holder) and (ii) in the case of a non-U.S.holder who is an individual, such non-U.S.holder is not present in the United States for 183 days or more in the taxable year of disposition and certain other requirements are not met. A non-U.S.holder who is an individual and does not meet this exemption is urged to consult his or her tax advisor regarding the potential liability for U.S. federal income tax on such holder’s gain realized on a Note. United States trade or business. If interest paid on a Note or gain from a disposition of a Note is effectively connected with a non-U.S.holder’s conduct of a United States trade or business (and, if an income tax treaty applies, the non-U.S.holder maintains a United States permanent establishment to which such amounts are generally attributable), the non-U.S.holder generally will be subject to U.S. federal income tax on the interest or gain on a net basis in the same manner as if it were a U.S. holder. If a non-U.S.holder is subject to U.S. federal income tax on the interest on a net income basis, the 30% withholding tax described above will not apply (assuming an appropriate certification is timely provided, generally on IRS Form W-8ECI).A non-U.S.holder that is a corporation may be subject to a branch profits tax equal to 30% of its effectively connected earnings and profits for the taxable year, subject to certain adjustments, unless it qualifies for a lower rate under an applicable income tax treaty. Backup withholding and information reporting. Interest (including any portion of the proceeds of a sale or other disposition of the Notes allocable