Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 100

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 3
Chunk 100
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-U. S.
subsidiaries could be treated as a controlled foreign corporation regardless of whether we are treated as a controlled foreign corporation
(although there are recently promulgated final and currently proposed Treasury regulations that may limit the application of these rules
in certain circumstances).

Certain United States shareholders
of a controlled foreign corporation may be required to report annually and include in their U. S. federal taxable income their pro rata
share of the controlled foreign corporation’s “ Subpart F income” and, in computing their “global intangible low-taxed
income,” “tested income” and a pro rata share of the amount of certain U. S. property (including certain stock in U. S.
corporations and certain tangible assets located in the United States) held by the controlled foreign corporation regardless of whether
such controlled foreign corporation makes any distributions. The amount includable by a United States shareholder under these rules is
based on a number of factors, including potentially, but not limited to, the controlled foreign corporation’s current earnings and
profits (if any), tax basis in the controlled foreign corporation’s assets, and foreign taxes paid by the controlled foreign corporation
on its underlying income. Failure to comply with these reporting obligations (or related tax payment obligations) may subject such United
States shareholder to significant monetary penalties and may extend the statute of limitations with respect to such United States shareholder’s
U. S. federal income tax return for the year for which reporting (or payment of tax) was due. We cannot provide any assurances that it
will assist U. S. Holders in determining whether we or any of our subsidiaries are treated as a controlled foreign corporation for U. S.
federal income tax purposes or whether any U. S. Holder is treated as a United States shareholder with respect to any of such controlled
foreign corporations or furnish to any holder information that may be necessary to comply with reporting and tax paying obligations if
we, or any of our subsidiaries, are treated as a controlled foreign corporation for U. S. federal income tax purposes.

As a result of the Business Combination,
the IRS may not agree that we should be treated as a non-U. S. corporation for U. S. federal income tax purposes.

Under current U. S. federal
income tax law, a corporation generally will be considered to be a U. S. corporation for U. S. federal income tax purposes if it is created
or organized in the United States or under the law of the United States or of any State