Company: WELNF
Filing Date: 2025-11-17
Form Type: DEF 14A
Source: 0001104659-25-113213
Chunk: 87

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-17
Form: DEF 14A
Chunk 87
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 or more in the taxable year in which the redemption takes place and certain other conditions are met. |

A Redeeming Non-U.S. Holder will not be subject to U.S. federal income
tax on any dividend income recognized as a result of the redemption unless such Redeeming Non-U.S. Holder is engaged in a trade or business
within the United States and any dividend income recognized in the redemption is treated as effectively connected with such trade or business
(and, if an income tax treaty applies, such dividend income is attributable to a permanent establishment maintained by the Redeeming Non-U.S.
Holder in the United States), in which case the Redeeming Non-U.S. Holder will generally be subject to the same treatment as a Redeeming
U.S. Holder with respect to such dividend income. In addition, dividends received by a corporate Redeeming Non-U.S. Holder that are effectively
connected with the holder’s conduct of a U.S. trade or business may also be subject to an additional branch profits tax at a rate
of 30% or such lower rate as may be specified by an applicable income tax treaty.

Non-U.S. holders of shares
considering exercising their redemption rights should consult their own tax advisors as to whether the redemption of their shares will
be treated as a sale or as a distribution under the Code.

Under the Foreign Account
Tax Compliance Act (“FATCA”) and U.S. Treasury regulations and administrative guidance thereunder, a 30% United States
federal withholding tax may apply to certain income paid to (i) a “foreign financial institution” (as specifically defined
in FATCA), whether such foreign financial institution is the beneficial owner or an intermediary, unless such foreign financial institution
agrees to verify, report and disclose its United States “account” holders (as specifically defined in FATCA) and meets certain
other specified requirements or (ii) a non-financial foreign entity, whether such non-financial foreign entity is the beneficial
owner or an intermediary, unless such entity provides a certification that the beneficial owner of the payment does not have any substantial
United States owners or provides the name, address and taxpayer identification number of each such substantial United States owner and
certain other specified requirements are met. In certain cases, the relevant foreign financial institution or non-financial foreign entity
may qualify for an exemption from, or be deemed to be in compliance with, these rules. Redeeming Non-U.S. Holders should consult their
own tax advisors regarding this legislation and whether it may be