Company: RGNT
Filing Date: 2025-01-24
Form Type: DRS
Source: 0001213900-25-006245
Chunk: 212

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-24
Form: DRS
Chunk 212
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 dividends paid on our Ordinary Shares at a rate of 25% (or 30% for individuals, if such person
is a Substantial Shareholder at the time he or she receives the dividend or on any date in the 12 months preceding such date), or at
a rate of 20% if the dividend is distributed from income attributed to Preferred Enterprise.

The rates above are applicable
unless a lower rate is provided under an applicable tax treaty between Israel and the shareholder’s country of residence, provided
that a certificate from the Israel Tax Authority allowing for a reduced withholding tax rate is obtained in advance.

A non-Israeli resident who
has dividend income derived from or accrued in Israel, from which the full amount of tax was withheld at source, is generally exempt
from filing an Israeli tax return in respect of such income; provided that (i) such income did not derive from a business conducted in
Israel by the taxpayer and (ii) the taxpayer has no other taxable sources of income in Israel with respect to which a tax return is required
to be filed.

Dividends are generally
subject to Israeli withholding tax at a rate of 25% if the shares are registered with a nominee company (whether the recipient is a
substantial shareholder or not). The withholding rates may be reduced if the dividend is distributed from income attributed to a
Preferred Enterprise or if a reduced rate is provided under an applicable tax treaty, in each case subject to the receipt in advance
of a valid approval by the Israel Tax Authority allowing for a reduced withholding rate. For example, under the Convention Between
the Government of the United States of America and the Government of the State of Israel with respect to Taxes on Income, as
amended, or United States-Israel Tax Treaty, the maximum rate of tax withheld at source in Israel on dividends paid to a holder of
our Ordinary Shares who is a U.S. Resident is 25%. However, the maximum withholding tax rate on dividends (not generated by a
Preferred Enterprise) that are paid to a United States corporation holding 10% or more of our outstanding voting capital throughout
the tax year in which the dividend is distributed as well as during the previous tax year is generally 12.5%, provided that not more
than 25% of the gross income for such preceding year consists of certain types of dividends and interest. Notwithstanding the
foregoing, dividends distributed from income attributed to a Preferred Enterprise are not entitled to such reduction under the
United States-Israel Tax Treaty but are subject