Company: KHC
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-032085
Chunk: 66

Company: Kraft Heinz Co
Filing Date: 2025-02-21
Form: 424B2
Chunk 66
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 taxable disposition of a Note, a United States Holder will realize any exchange gain or loss (including with respect to principal and
accrued interest) only to the extent of total gain or loss realized by such United States holder on such disposition.

S-40

Exchange of Foreign Currencies On a sale or other taxable disposition of euros, a United States holder generally will recognize gain or loss in an amount equal to the difference, if any, between (a) the amount of U.S. dollars, or the fair market value in U.S. dollars of any other property, received by such United States holder in such disposition and (b) the United States holder’s tax basis in the euro. A United States holder will have a tax basis in any euros received as interest or upon the sale, exchange, redemption, retirement or other taxable disposition of a Note equal to the U.S. dollar value thereof at the spot rate of exchange in effect on the date of receipt of the euros. Any gain or loss realized by a United States holder on a sale or other disposition of euros, including their exchange for U.S. dollars, will generally be United States source ordinary income or loss. Reportable Transaction Reporting Treasury Regulations meant to require the reporting of certain tax shelter transactions cover certain transactions generally not regarded as tax shelters, including, in certain circumstances, a sale, exchange, redemption or other taxable disposition of a note or euro received in respect of such a note on IRS Form 8886 (Reportable Transaction Disclosure Statement) if the holder recognizes a loss that equals or exceeds certain threshold amounts (including, in the case of a foreign currency loss, $50,000 in a single transaction for an individual or trust, and higher amounts for non-individual, non-trusttaxpayers). United States holders are advised to consult their tax advisors to determine the reporting obligations, if any, with respect to an investment in the Notes, including any requirement to file IRS Form 8886 as part of their United States federal income tax returns. Information Reporting and Backup Withholding In general, a United States holder of the Notes will be subject to backup withholding with respect to payments of interest on the Notes, and the proceeds of a sale or other disposition (including a retirement or redemption) of the Notes, at the applicable tax rate (currently at a rate of 24%), unless such holder (a) is an entity that is exempt from backup withholding and, when required, demonstrates this fact, or (b) provides the applicable withholding agent with its taxpayer identification number (“