Company: CCHH
Filing Date: 2025-06-26
Form Type: DRS
Source: 0001213900-25-058036
Chunk: 141

Company: CCH Holdings Ltd
Filing Date: 2025-06-26
Form: DRS
Chunk 141
---
 our ordinary shares, we must generally continue to be treated as a PFIC by that holder for all succeeding years during which the U.S. Holder holds such ordinary shares, unless we cease to meet the requirements for PFIC status and the U.S. Holder makes a “deemed sale” election with respect to our ordinary shares. If the election is made, the U.S. Holder will be deemed to sell our ordinary shares it holds at their fair market value on the last day of the last taxable year in which we qualified as a PFIC, and any gain recognized from such deemed sale would be taxed under the PFIC excess distribution regime. After the deemed sale election, the U.S. Holder’s ordinary shares would not be treated as shares of a PFIC unless we subsequently again become a PFIC. If we are a PFIC for any taxable year during which a U.S. Holder holds our ordinary shares and one of our non -UnitedStates subsidiaries is also a PFIC (i.e., a lower -tierPFIC), such U.S. Holder would be treated as owning a proportionate amount (by value) of the shares of the lower -tierPFIC and would be taxed under the PFIC excess distribution regime on distributions by the lower -tierPFIC and on gain from the disposition of shares of the lower -tierPFIC even though such U.S. Holder would not receive the proceeds of those distributions or dispositions. Any of our non -UnitedStates subsidiaries that have elected to be disregarded as entities separate from us or as partnerships for U.S. federal income tax purposes would not be corporations under U.S. federal income tax law and accordingly, would not be classified as lower -tierPFICs. However, non -UnitedStates subsidiaries that have not made the election may be classified as a lower -tierPFIC if we are a PFIC during a U.S. Holder’s holding period and the subsidiary meets the PFIC income test or PFIC asset test. Each U.S. Holder is advised to consult its tax advisors regarding the application of the PFIC rules to any of our non -UnitedStates subsidiaries. If we are a PFIC, a U.S. Holder would not be subject to tax under the PFIC excess distribution regime on distributions or gain recognized on our ordinary shares if a valid “mark -to -market” election is made by the U.S. Holder for our ordinary shares in the year in which such shares are acquired. An electing U.S. Holder generally would take into account as ordinary