Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 366

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 366
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 Income Tax Consequences to Non-U .S. Holders of Ownership and Disposition of BLAC Common Stock after the Business Combination Distributions on BLAC Common Stock Distributions of cash or property to a Non -U.S. Holder in respect of BLAC Common Stock will generally constitute dividends for U.S. federal income tax purposes to the extent paid from BLAC’s current or accumulated earnings and profits, as determined under U.S. federal income tax principles. If a distribution exceeds BLAC’s current and accumulated earnings and profits, the excess will generally be treated first as a tax -freereturn of capital to the extent of the Non -U.S. Holder’s adjusted tax basis in the BLAC Common Stock. Any remaining excess will be treated as capital gain and will be treated as described below under “ — Sale, Exchange, Redemption or Other Taxable Disposition of BLAC Common Stock.” 218 Dividends paid to a Non -U.S. Holder of BLAC Common Stock generally will be subject to withholding of U.S. federal income tax at a 30% rate, unless such Non -U.S. Holder is eligible for a reduced rate of withholding tax under an applicable income tax treaty and provides proper certification of its eligibility for such reduced rate as described below. However, dividends that are effectively connected with the conduct of a trade or business by the Non -U.S. Holder within the United States (and, if required by an applicable income tax treaty, are attributable to a U.S. permanent establishment or fixed base of the Non -U.S. Holder) are not subject to such withholding tax, provided certain certification and disclosure requirements are satisfied (generally by providing an IRS FormW -8ECI). Instead, such dividends are subject to United States federal income tax on a net income basis in the same manner as if the Non -U.S. Holder were a United States person as defined under the Code. Any such effectively connected dividends received by a foreign corporation may be subject to an additional “branch profits tax” at a 30% rate or such lower rate as may be specified by an applicable income tax treaty. A Non -U.S. Holder of BLAC Common Stock who wishes to claim the benefit of an applicable treaty rate and avoid backup withholding, as discussed below, for dividends will be required (a) to complete the applicable IRS FormW -8and certify under penalty of perjury that such holder is not a United States person as defined under the Code and is eligible for treaty benefits or (b) if the