Company: RTNTF
Filing Date: 2025-03-10
Form Type: 424B2
Source: 0001104659-25-022024
Chunk: 50

Company: RIO TINTO LTD
Filing Date: 2025-03-10
Form: 424B2
Chunk 50
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iled outside the United Kingdom or, on or after 6 April 2025, is not a long-term UK resident (as defined in sections 6A and 6B of the Inheritance Tax Act 1984 (to be introduced by Part 2 Chapter 4 of the Finance Bill) will generally not be liable for United Kingdom inheritance tax in respect of his holding of debt securities. We note, however, that where debt securities are held in a clearing system HMRC has in some contexts considered that their situs is not necessarily determined solely by reference to the location of the register of such debt securities and investors should consult their own tax advisers on the consequences of owning the debt securities in their own particular circumstances.

There may be a liability for United Kingdom inheritance tax for such an individual if a register of debt securities is maintained in the United Kingdom, if any relevant deed or specialty is located in the United Kingdom or if the Debt Securities are otherwise situated in the United Kingdom for inheritance tax purposes, or, before 6 April 2025, if the individual is deemed to be domiciled in the United Kingdom under certain rules related to long residence or previous domicile or, on or after 6 April 2025, if the individual is a long-term UK resident. In those cases, exemption from any United Kingdom inheritance tax liability may be available for holders of the Notes who are domiciled in the United States under the U.S.-United Kingdom double tax convention relating to estate and gift taxes.

#### U.S. Federal Income Taxation
For a summary of material U.S. federal income tax considerations as of the date hereof with respect to the acquisition, ownership and disposition of the Notes, please review the section entitled “Taxation — U.S. Federal Income Taxation” in the base prospectus as modified below. The last two sentences in the section of the base prospectus entitled “Taxation — U.S. Federal Income Taxation — U.S. Holders of the RTL Debt Securities, the RTP Debt Securities or the RTI Debt Securities — Payments of Interest” is replaced with the information below:

The rules governing foreign tax credits are very complex and recently issued final U.S. Treasury Regulations have imposed additional requirements that must be met for a foreign tax to be creditable, and we do not intend to determine whether such requirements are met. However, recent notices from the IRS indicate that the U.S. Treasury and the IRS are considering proposing amendments to the Final FTC Regulations and allow taxpayers, subject to certain conditions, to defer the application