Company: BRSL
Filing Date: 2025-02-25
Form Type: 20-F
Source: 0001619762-25-000007
Chunk: 89

Company: Brightstar Lottery PLC
Filing Date: 2025-02-25
Form: 20-F
Item: Item 9
Chunk 89
---
 discussion further assumes that all items or transactions identified as debt will be respected as such for U. S. federal income tax purposes.

This summary does not constitute tax advice and does not address all aspects of U. S. federal income taxation that may be relevant to the Parent’s shareholders in light of their personal circumstances, including any tax consequences arising under the tax on certain investment income pursuant to the Health Care and Education Reconciliation Act of 2010 or arising under the U. S. Foreign Account Tax Compliance Act (or any Treasury regulations or administrative guidance promulgated thereunder, any intergovernmental agreement entered into in connection therewith or any non-U. S. laws, rules or directives implementing or relating to any of the foregoing), or to shareholders subject to special treatment under the Code, including (but not limited to):

• banks, thrifts, mutual funds, and other financial institutions;

Table of Contents

• regulated investment companies;

• real estate investment trusts;

• traders in securities that elect to apply a mark-to-market method of accounting;

• broker-dealers;

• tax-exempt organizations and pension funds;

• U. S. holders that own (directly, indirectly, or constructively) 10% or more of the Company’s stock (by vote or value);

• insurance companies;

• dealers or brokers in securities or foreign currency;

• individual retirement and other deferred accounts;

• U. S. holders whose functional currency is not the U. S. dollar;

• U. S. expatriates;

•“passive foreign investment companies” or “controlled foreign corporations”;

• persons subject to the alternative minimum tax;

• U. S. holders that hold their shares as part of a straddle, hedging, conversion, constructive sale or other risk reduction transaction; and

• U. S. holders that received their shares through the exercise of employee stock options or otherwise as compensation or through a tax-qualified retirement plan.

This discussion does not address any non-income tax considerations or any state, local or non-U. S. tax consequences. For purposes of this discussion, a “ U. S. holder” means a beneficial owner of the Parent’s ordinary shares that is, for U. S. federal income tax purposes:

• an individual who is a citizen or resident of the U. S.;

• a corporation (or other entity treated as a corporation for U. S. federal income tax purposes) created or organized in the U. S. or under the laws of the U. S., any