Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 380

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 380
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 Other Distributions on aWME Class A Ordinary Shares Subject to the PFIC rules discussed below, if aWME makes a distribution of cash or other property to a U.S. Holder of aWME Class A Ordinary Shares, such distributions will generally be treated as a dividend for U.S. federal income tax purposes to the extent the distribution is paid out of aWME’s current or accumulated earnings and profits (as determined under U.S. federal income tax principles). Such dividends will be taxable to a corporate U.S. Holder at regular rates and will not be eligible for the dividends -receiveddeduction generally allowed to domestic corporations in respect of dividends received from other domestic corporations. Distributions in excess of such earnings and profits will generally be applied against and reduce the U.S. Holder’s basis in its aWME Class A Ordinary Shares (but not below zero) and, to the extent in excess of such basis, will be treated as gain from the sale or exchange of such aWME Class A Ordinary Shares. Because aWME does not expect to determine its earnings and profits on the basis of U.S. federal income tax principles, it is expected that any distribution paid by aWME will generally be reported as a dividend. With respect to non -corporateU.S. Holders, dividends will generally be taxed at preferential long -termcapital gains rates only if aWME Class A Ordinary Shares are readily tradable on an established securities market in the United States, provided that aWME is not a PFIC (or treated as a PFIC with respect to a particular U.S. Holder) in the taxable year in which the dividend was paid or the preceding taxable year and certain holding period and other requirements are met. U.S. Holders should consult their tax advisors regarding the availability of the lower rate for any dividends paid with respect to aWME Class A Ordinary Shares. 249 Taxation on the Disposition of aWME Securities Subject to the PFIC rules discussed below, upon a sale or other taxable disposition of aWME Securities, a U.S. Holder will generally recognize capital gain or loss. The amount of gain or loss recognized will generally be equal to the difference between (i) the sum of the amount of cash and the fair market value of any property received in such disposition and (ii) the U.S. Holder’s adjusted tax basis in such securities. Under tax law currently in effect, long -termcapital gains recognized by non -corporateU.S. Holders are generally subject