Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 272

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 272
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 Federal Income Tax Considerations

General

The following discussion summarizes
certain United States federal income tax considerations generally applicable to the acquisition, ownership and disposition of our units
(each consisting of one ordinary share and one-half of one redeemable warrant) that are purchased in this offering by U.S. Holders (as
defined below) and Non-U.S. Holders (as defined below). Because the components of a unit are generally separable at the option of the
holder, the holder of a unit generally should be treated, for United States federal income tax purposes, as the owner of the underlying
ordinary share and warrant components of the unit. As a result, the discussion below with respect to actual holders of ordinary shares
and warrants also should apply to holders of units (as the deemed owners of the underlying ordinary shares and warrants that constitute
the units).

This discussion does not address
the United States federal income tax consequences to our founders, sponsors (and sponsor affiliates), consultants (such as Meteora Capital,
LLC and its affiliates), officers or directors, or to holders of private placement warrants. This discussion is limited to certain United
States federal income tax considerations to beneficial owners of our securities who are initial purchasers of a unit pursuant to this
offering and hold the unit and each component of the unit as a capital asset within the meaning of Section 1221 of the U.S. Internal
Revenue Code of 1986, as amended (the “Code”). This discussion assumes that the ordinary shares and warrants will trade separately
and that any distributions made (or deemed made) by us on our ordinary shares and any consideration received (or deemed received) by
a holder in consideration for the sale or other disposition of our securities will be in U.S. dollars.

This discussion is a summary
only and does not describe all of the tax consequences that may be relevant to the acquisition, ownership and disposition of a unit by
a prospective investor or holder in light of its particular circumstances, including but not limited to, the alternative minimum tax,
the Medicare tax on net investment income and the different consequences that may apply to prospective investors or holders that are
subject to special rules under U.S. federal income tax laws, including but not limited to:

| ● | banks, financial institutions or financial services entities; |

| ● | broker-dealers; |

| ● | taxpayers that are subject to the mark-to-market tax accounting 
 rules;                                                          |

| ● | tax-exempt entities; |

| ● | governments or agencies or