Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 178

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 178
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 U.S. federal income tax purposes 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 the Common Stock who wishes to claim the benefits of an applicable income tax treaty will be required to provide IRS Form W-8BEN or IRS Form W-8BEN-E (or other applicable form) and certify under penalty of perjury that such holder is not a United States person as defined under the Code and is eligible for income tax treaty benefits. Special certification and other requirements apply to certain non-U.S. Holders that are pass-through entities rather than corporations or individuals or that hold their interests through certain intermediaries.

A non-U.S. Holder of Common Stock eligible for a reduced rate of withholding tax pursuant to an income tax treaty may obtain a refund of any excess amounts withheld by filing an appropriate claim for a refund with the IRS.

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Sale, Exchange or Other Disposition of Shares of Common Stock

A non-U.S. Holder will generally not be subject to U.S. federal income tax on gain realized on a sale, exchange or other disposition of shares of Common Stock unless:

| (i) | such                                                                                          
 non-U.S. Holder is an individual that is considered to have been present in the United States 
 for 183 days or more in the taxable year of such disposition and certain other requirements   
 are met, in which case any gain realized will generally be subject to a flat 30% U.S. federal 
 income tax;                                                                                   |

| (ii) | the                                                                                            
 gain is effectively connected with the conduct of a trade or business of such non-U.S. Holder  
 in the United States (and if an income tax treaty applies, is attributable to a U.S. permanent 
 establishment or fixed base maintained by such non-U.S. Holder), in which case such gain       
 will be subject to U.S. federal income tax, net of certain deductions, at the same graduated   
 individual or corporate rates applicable to U.S. Holders, and, if the non-U.S. Holder is       
 a corporation, an additional “branch profits tax” (imposed at a rate of 30% or,                
 if applicable, a lower treaty rate) may also apply; or                                         |

If paragraph (iii) above applies to a non-U.S. Holder, gain recognized by such non-U.S. Holder on the sale, exchange, or