Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 121

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 10
Chunk 121
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 receive a distribution from, or dispose of all or part of the Company’s interest in, the lower-tier PFIC (even
though such U. S. Holder would not receive the proceeds of those distributions or dispositions) or the U. S. Holders otherwise
were deemed to have disposed of an interest in the lower-tier PFIC. A mark-to-market election generally would not be available with
respect to such lower-tier PFIC. U. S. Holders are urged to consult their own tax advisors regarding the tax issues raised by
lower-tier PFICs.

A U. S. Holder that owns
(or is deemed to own) shares in a PFIC during any taxable year of the U. S. Holder, may have to file an IRS Form 8621 (whether
or not a mark-to-market election is or has been made) with such U. S. Holder’s U. S. federal income tax return and provide
any such other information as may be required by the U. S. Treasury Department. Failure to do so, if required, will extend the statute
of limitations until such required information is furnished to the IRS.

The rules dealing with
PFICs and mark-to-market elections are very complex and are affected by various factors in addition to those described above. Accordingly,
U. S. Holders of Company Securities should consult their own tax advisors concerning the application of the PFIC rules to the
Company Securities under the U. S. Holders’ particular circumstances.

Information Reporting and Backup Withholding

In general, information reporting
requirements may apply to dividends received by U. S. Holders of the Class A Ordinary Shares (including constructive dividends), and
the proceeds received on sale or other taxable disposition of the Class A Ordinary Shares or Warrants effected within the United States
(and, in certain cases, outside the United States), in each case, other than U. S. Holders that are exempt recipients (such as
corporations). Backup withholding (currently at a rate of 24%) may apply to such amounts if the U. S. Holder fails to provide an accurate
taxpayer identification number (generally on an IRS Form W-9 provided to the paying agent or the U. S. Holder’s broker)
or is otherwise subject to backup withholding.

Certain U. S. Holders
holding specified foreign financial assets with an aggregate value in excess of the applicable dollar threshold are required to report
information to the IRS relating to the Company Securities, subject to