Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 164

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 164
---
50% of the income or capital interests of the partnership 
 or (b) the foreign partnership is engaged in a U.S. trade or business, unless the broker has documentary evidence that the beneficial 
 owner is a Non-U.S. Holder and certain other conditions are satisfied, or the beneficial owner otherwise establishes an exemption     
 (and the broker has no actual knowledge or reason to know to the contrary).                                                           |

Backup withholding is not an additional tax.
Any amounts withheld under the backup withholding rules may be allowed as a refund or a credit against a Non-U.S. Holder’s U.S.
federal income tax liability, provided the required information is timely furnished to the IRS.

Foreign Account Tax Compliance Act

A U.S. federal withholding tax of 30% may apply
to dividends and the gross proceeds of a disposition of our Common Stock paid to a foreign financial institution (as specifically defined
by the applicable rules) unless such institution enters into an agreement with the U.S. government to withhold on certain payments and
to collect and provide to the U.S. tax authorities substantial information regarding U.S. account holders of such institution (which
includes certain equity holders of such institution, as well as certain account holders that are foreign entities with U.S. owners).
This U.S. federal withholding tax of 30% will also apply to dividends and the gross proceeds of a disposition of our Common Stock paid
to a non-financial foreign entity unless such entity provides the withholding agent with either a certification that it does not have
any substantial direct or indirect U.S. owners or provides information regarding direct and indirect U.S. owners of the entity. The 30%
federal withholding tax described in this paragraph cannot be reduced under an income tax treaty with the United States or by providing
an IRS Form W-8BEN or similar documentation. The withholding tax described above will not apply if the foreign financial institution
or non-financial foreign entity otherwise qualifies for an exemption from the rules and certifies as such on a Form W-8BEN-E (or any
successor of such form). Under certain circumstances, a Non-U.S. Holder might be eligible for refunds or credits of such taxes. Holders
should consult with their own tax advisors regarding the possible implications of the withholding described herein.

The withholding provisions described above generally
apply to proceeds from a sale or other disposition of Common Stock and to payments of dividends on our Common Stock.

THE PRECEDING DISCUSSION OF U.S. FEDERAL TAX
CONSIDERATIONS