Company: RGNT
Filing Date: 2025-05-05
Form Type: F-1/A
Source: 0001213900-25-039589
Chunk: 223

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-05
Form: F-1/A
Chunk 223
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 source ordinary exchange gain or loss.

Subject to certain significant
conditions and limitations, any Israeli taxes paid on or withheld from distributions from us and not refundable to a U.S. Holder may be
credited against the U.S. Holder’s U.S. federal income tax liability or, alternatively, may be deducted from the U.S. Holder’s
taxable income. However, as a result of recent changes to the U.S. foreign tax credit rules, a withholding tax generally will need to
satisfy certain additional requirements in order to be considered a creditable tax for a U.S. Holder. We have not determined whether these
requirements have been met and, accordingly, no assurance can be given that any withholding tax on dividends paid by us will be creditable.
The election to deduct, rather than credit, foreign taxes, is made on a year-by-year basis and applies to all foreign taxes paid by a
U.S. Holder or withheld from a U.S. Holder that year. A foreign tax credit for foreign taxes imposed on distributions may be denied if
holders do not satisfy certain minimum holding period requirements. Dividends paid with respect to our Ordinary Shares will be treated
as foreign source income, which may be relevant in calculating the holder’s foreign tax credit limitation. The limitation on foreign
taxes eligible for credit is calculated separately with respect to specific classes of income. For this purpose, dividends that we distribute
generally should constitute “passive category income,” or, in the case of certain U.S. Holders, “general category income.”
The rules relating to the determination of the foreign tax credit are complex, and U.S. Holders should consult their tax advisor to determine
whether and to what extent such holder will be entitled to this credit.

Taxation of the Disposition of Equity Securities

Except as provided under the
PFIC rules described below under “Passive Foreign Investment Companies,” upon the sale, exchange or other disposition of our
Equity Securities, a U.S. Holder will recognize capital gain or loss in an amount equal to the difference between such U.S. Holder’s
tax basis for the Equity Securities in U.S. dollars and the amount realized on the disposition in U.S. dollar (or its U.S. dollar equivalent
determined by reference to the spot rate of exchange on the date of disposition, if the amount realized is denominated in a foreign currency).
The gain or loss realized on the sale, exchange or other disposition of Equity Securities will be long-term capital gain or