Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 171

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 10
Chunk 171
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 particular circumstances and involve the application of complex rules to those circumstances. The temporary guidance discussed above also indicates that the Treasury and the IRS are considering proposing amendments to the December 2021 regulations and that the temporary guidance can be relied upon until additional guidance is issued that withdraws or modifies the temporary guidance. U. S. holders should consult their own tax advisors regarding the application of these rules to their particular situations.

U. S. holders that receive distributions of additional shares or rights to subscribe for our shares as part of a pro rata distribution to all our shareholders generally will not be subject to U. S. federal income tax in respect of the distributions, unless the U. S. holder has the right to receive cash or property, in which case the U. S. holder will be treated as if it received cash equal to the fair market value of the distribution.

Taxation of Dispositions of our Shares or ADSs

Subject to the discussion below under “ Item 10. E - Taxation - Passive Foreign Investment Company Status,” if a U. S. holder realizes gain or loss on the sale, exchange or other taxable disposition of our shares or ADSs, that gain or loss will be capital gain or loss and generally will be long-term capital gain or loss if the shares or ADSs have been held for more than one year. The deductibility of capital losses is subject to limitations.

A U. S. holder generally will not be entitled to credit any Brazilian tax imposed on the sale or other disposition of the shares against such U. S. holder’s U. S. federal income tax liability, except in the case of a U. S. holder that consistently elects to apply a modified version of the U. S. foreign tax credit rules that is permitted under recently issued temporary guidance and complies with the specific requirements set forth in such guidance. Additionally, capital gain or loss recognized by a U. S. holder on the sale or other disposition of the shares generally will be U. S. source gain or loss for U. S. foreign tax credit purposes. Consequently, even if the withholding tax qualifies as a creditable tax, a U. S. holder may not be able to credit the tax against its U. S. federal income tax liability unless such credit can be applied (subject to generally applicable conditions and limitations) against tax due on other income treated as derived from foreign sources. If the Brazilian tax is not a creditable tax, the tax would reduce the amount realized on the sale or other disposition of the shares