Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 160

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 160
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. trade or business. Non-U.S.holders will be taxed on this gain at the same rates applicable to U.S. holders, subject to a special alternative minimum tax in the case of nonresident alien individuals. Also, this gain may be subject to a 30% (or lower applicable treaty rate) branch profits tax in the hands of a non-U.S.holder that is a corporation. A distribution is not attributable to a United States real property interest if we held an interest in the underlying asset solely as a creditor. We will be required to withhold and remit to the IRS the highest rate of U.S. federal income tax applicable to each non-U.S.holder, based on the status of such holder, of any distributions to non-U.S.holders that are attributable to gains from sales or exchanges by us of United States real property interests. The amount withheld, which for individual non-U.S.holders may exceed the actual tax liability, is creditable against the non-U.S.holder’s U.S. federal income tax liability. However, the above withholding tax on distributions attributable to gains from sales or exchanges by us of United States real property interests will not apply to any distribution with respect to any class of our stock which is regularly traded on an established securities market located in the United States if the non-U.S.stockholder did not own more than 10% of such class of stock at any time during the one-yearperiod ending on the date of such distribution. Instead, such distribution will be treated as a distribution subject to the rules discussed above under “—Taxation of Non-U.S.Holders of Our Common Stock—Distributions” (applied without regard to the provisions dealing with distributions attributable to gains from sales or exchanges by us of United States real property interests or capital gain dividends). Also, the branch profits tax will not apply to such a distribution. We expect that our common stock will be “regularly traded” on an established securities exchange. Although the law is not clear on the matter, it appears that amounts we designate as undistributed capital gains in respect of the stock held by U.S. holders generally should be treated with respect to non-U.S.holders in the same manner as actual distributions by us of capital gain dividends. Under that approach, the non-U.S.holders would be able to offset as a credit against their U.S. federal income tax liability resulting therefrom their proportionate share of the tax paid by us on the undistributed capital gains, and to receive from the IRS a refund to the extent