Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 270

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 10
Chunk 270
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 were considered a PFIC at any time that a U. S. Holder owns our ordinary shares
or warrants, we would continue to be treated as a PFIC with respect to such investment unless (i) we ceased to be a PFIC and (ii) the
U. S. Holder made a “deemed sale” election under the PFIC rules. If such election is made, a U. S. Holder will be deemed to
have sold its ordinary shares or warrants at their fair market value on the last day of the last taxable year in which we are classified
as a PFIC, and any gain from such deemed sale would be subject to the consequences described below. After the deemed sale election, our
ordinary shares or warrants with respect to which the deemed sale election was made will not be treated as shares in a PFIC unless we
subsequently become a PFIC.

For
each taxable year that we are treated as a PFIC with respect to a U. S. Holder’s ordinary shares or warrants, the U. S. Holder will
be subject to special tax rules with respect to any “excess distribution” (as defined below) received and any gain realized
from a sale or disposition (including a pledge) of its ordinary shares (collectively the “ Excess Distribution Rules

  the excess                                                                                                      

  the amount                                                                                                                    

  the amount                                                                                                                              

  the interest                                                                                                              

Under
the Excess Distribution Rules, the tax liability for amounts allocated to taxable years prior to the year of disposition or excess distribution
cannot be offset by any net operating losses, and gains (but not losses) realized on the sale of our ordinary shares or warrants cannot
be treated as capital gains, even though the U. S. Holder holds the ordinary shares or warrants as capital assets.

Certain
of the PFIC rules may impact U. S. Holders with respect to equity interests in subsidiaries and other entities which we may hold, directly
or indirectly, that are PFICs (collectively, “ Lower-Tier PFICs

If
we are a PFIC, a U. S. Holder of our ordinary shares (but not our warrants) may avoid taxation under the Excess Distribution Rules described
above by making a “qualified electing fund” (“ QEF

In
the event we are a PFIC, a U. S. Holder that makes a QEF election with respect to our ordinary shares would generally be required to include
in income for each year that