Company: GAUZ
Filing Date: 2025-03-11
Form Type: 20-F
Source: 0001213900-25-022437
Chunk: 122

Company: Gauzy Ltd.
Filing Date: 2025-03-11
Form: 20-F
Item: Item 10
Chunk 122
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 income tax purposes regardless of its source; (4) a trust if a court within the United States is able to exercise
primary supervision over the administration of the trust and one or more U. S. persons have authority to control all substantial decisions
of the trust; or (5) a trust that has a valid election in effect to be treated as a U. S. person to the extent provided in U. S. Treasury
regulations.

This summary is for general
information purposes only and does not purport to be a comprehensive description of all of the U. S. federal income tax considerations
that may be relevant to a decision to purchase our ordinary shares. This summary generally considers only U. S. Holders that will own our
ordinary shares as capital assets. Except to the limited extent discussed below, this summary does not consider the U. S. federal tax consequences
to a person that is not a U. S. Holder, nor does it describe the rules applicable to determine a taxpayer’s status as a U. S. Holder.
This summary is based on the provisions of the Code and final, temporary and proposed U. S. Treasury regulations promulgated thereunder,
administrative and judicial interpretations thereof, and U. S.-Israel Tax Treaty, all as in effect as of the date hereof and all of which
are subject to change, possibly on a retroactive basis, and all of which are open to differing interpretations. We will not seek a ruling
from the Internal Revenue Service, or the IRS, with regard to the U. S. federal income tax treatment of an investment in our ordinary shares
by U. S. Holders and, therefore, can provide no assurances that the IRS will agree with the conclusions set forth below.

This discussion does not
address all of the aspects of U. S. federal income taxation that may be relevant to a particular U. S. Holder based on such holder’s
particular circumstances and in particular does not discuss any estate, gift, generation-skipping transfer, state, local, excise or non-U. S.
tax considerations. In addition, this discussion does not address the U. S. federal income tax treatment of a U. S. Holder who is: (1)
a bank, life insurance company, regulated investment company, or other financial institution or “financial services entity;”
(2) a broker or dealer in securities or foreign currency; (3) a person who acquired our ordinary shares in connection with employment
or other performance