Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 229

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 229
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 is paid out of our current or accumulated earnings and profits (as determined under U.S. federal income
tax principles). With respect to corporate U.S. Holders, the dividends will not be eligible for the dividends-received deduction
allowed to corporations in respect of dividends received from other U.S. corporations.

With respect to
non-corporate U.S. Holders, including individual U.S. Holders, dividends will be taxed at the lower capital gains
rate applicable to qualified dividend income, provided that (1) the Class A Ordinary Shares are readily tradable on an
established securities market in the U.S., or we are eligible for the benefits of an approved qualifying income tax treaty with the
U.S. that includes an exchange of information program, (2) we are not a PFIC for either our taxable year in which the
dividend is paid or the preceding taxable year, and (3) certain holding period requirements are met. Because there is no income
tax treaty between the U.S. and the BVI, clause (1) above can be satisfied only if the Class A Ordinary Shares are readily
tradable on an established securities market in the U.S. Under IRS authority, Class A Ordinary Shares are considered for
purpose of clause (1) above to be readily tradable on an established securities market in the U.S. if they are listed on certain
exchanges, which presently include the Nasdaq (on which our Class A Ordinary Shares are listed). Even if our Class A Ordinary Shares
are listed on the Nasdaq, there can be no assurance that the Class A Ordinary Shares will be considered readily tradable on an
established securities market in future years. You are urged to consult your tax advisors regarding the availability of the lower
rate for dividends paid with respect to our Class A Ordinary Shares, including the effects of any change in law after the date of
this prospectus.

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Dividends will constitute foreign source income
for foreign tax credit limitation purposes. If the dividends are taxed as qualified dividend income (as discussed above), the amount of
the dividend taken into account for purposes of calculating the foreign tax credit limitation will be limited to the gross amount of the
dividend, multiplied by the reduced rate divided by the highest rate of tax normally applicable to dividends. The limitation on foreign
taxes eligible for credit is calculated separately with respect to specific classes of income. For this purpose, dividends distributed
by us with respect to our