Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 301

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 301
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 in the United States for 183 days or more in the taxable year of disposition. A holder that is such an individual should
consult its own tax advisor regarding the tax consequences of the Business Combination.

Redemption of a Non-U.S. Holder’s Shares of FutureTech Common Stock Pursuant to the FutureTech Stockholder Redemption

The characterization
for U.S. federal income tax purposes of the redemption of a Non-U.S. holder’s shares of FutureTech Common Stock generally will correspond
to the U.S. federal income tax characterization of such a redemption of a U.S. holder’s shares of FutureTech Common Stock, as described
above. Subject to the discussion below under “— FATCA,” to the extent that the redemption of a Non-U.S. holder’s
shares of FutureTech Common Stock are treated as a corporate distribution paid out of our current or accumulated earnings and profits
(as determined under U.S. federal income tax principles), such distribution will constitute a dividend for U.S. federal income tax purposes
and, provided such dividend is not effectively connected with the Non-U.S. holder’s conduct of a trade or business within the United
States, will be subject to U.S. withholding tax from the gross amount of the dividend at a rate of thirty percent (30%), unless such Non-U.S.
holder is eligible for a reduced rate of withholding tax under an applicable income tax treaty and provides proper certification of its
eligibility for such reduced rate (usually on an IRS Form W-8BEN or W-8BEN-E). The withholding tax does not apply to dividends paid to
a Non-U.S. holder who provides an IRS Form W-8ECI, certifying that the dividends are effectively connected with the Non-U.S. holder’s
conduct of a trade or business within the United States. Instead, such effectively connected dividends will be subject to regular U.S.
federal income tax as if the Non-U.S. holder were a U.S. resident, subject to an applicable income tax treaty providing otherwise (and
any additional requirements therein). A Non-U.S. holder that is a corporation for U.S. federal income tax purposes and is receiving effectively
connected dividends may also be subject to an additional “branch profits tax” imposed at a rate of thirty percent (30%) (or
a lower applicable income tax treaty rate).

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Any distribution
not constituting a dividend will be treated first as reducing (but not below zero) the Non-U.S. holder’s adjusted tax basis in