Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 288

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 288
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 United States (and, if required by an applicable income tax treaty, are attributable to a U.S. permanent establishment or fixed base of the Non -U.S. Holder) will not be subject to such withholding tax, provided certain certification and disclosure requirements are satisfied (generally by providing an IRS Form W -8ECI). Instead, such dividends will be subject to United States federal income tax on a net income basis in the same manner as if the Non -U.S. Holder were a United States person as defined under the Code. Any such effectively connected dividends received by a foreign corporation may be subject to an additional “branch profits tax” at a 30% rate or such lower rate as may be specified by an applicable income tax treaty. A Non -U.S. Holder who wishes to claim the benefit of an applicable treaty rate and avoid backup withholding, as discussed below, for dividends will be required (a) to complete the applicable IRS Form W -8and certify under penalty of perjury that such holder is not a United States person as defined under the Code and is eligible for treaty benefits or (b) if the shares of New Fold Common Stock or Emerald Public Shares, as applicable, are held through certain foreign intermediaries, to satisfy the relevant certification requirements of applicable United States Treasury regulations. Special certification and other requirements apply to certain Non -U.S. Holders that are pass -throughentities rather than corporations or individuals. A Non -U.S. Holder that is eligible for a reduced rate of U.S. withholding tax pursuant to an income tax treaty may obtain a refund of any excess amounts withheld by timely filing an appropriate claim for refund with the IRS. Non -U.S. Holders are urged to consult their tax advisors regarding their entitlement to the benefits under any applicable income tax treaty. Sale, Exchange or Other Taxable Disposition of New Fold Common Stock; Redemptions Treated as a Sale or Exchange Subject to the discussion of backup withholding and FATCA below, any gain realized by a Non -U.S. Holder on the taxable disposition of New Fold Common Stock (or on a redemption of Emerald Public Shares treated as a sale or exchange) will not be subject to U.S. federal income tax unless: •the gain is effectively connected with a trade or business of the Non -U.S. Holder in the United States (and, if required by an applicable income tax treaty, is attributable to a United States permanent establishment or fixed base of the Non -U.S. Holder); •the Non -U.S. Holder