Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 271

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 10
Chunk 271
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 we are treated as a PFIC the U. S. Holder’s pro rata share of our ordinary earnings for the year (which
would be subject to tax as ordinary income) and net capital gains for the year (which would be subject to tax at the rates applicable
to long-term capital gains), without regard to the amount of any distributions made in respect of our ordinary shares. Any of our net
deficits or net capital losses for a taxable year would not be passed through and included on the tax return of the U. S. Holder, however.
A U. S. Holder’s basis in our ordinary shares would be increased by the amount of income inclusions under the qualified electing
fund rules. Dividends actually paid on our ordinary shares generally would not be subject to U. S. federal income tax to the extent of
prior income inclusions and would reduce the U. S. Holder’s basis in our ordinary shares by a corresponding amount.

If
we own any interests in a Lower-Tier PFIC, a U. S. Holder generally must make a separate QEF election for each Lower-Tier PFIC, subject
to our providing the relevant tax information for each Lower-Tier PFIC on an annual basis.

If
a U. S. Holder does not make a QEF election (or a mark-to-market election, as discussed below) effective from the first taxable year of
a U. S. Holder’s holding period for our ordinary shares in which we are a PFIC, then such ordinary shares will generally continue
to be treated as an interest in a PFIC, and the U. S. Holder generally will remain subject to the Excess Distribution Rules. A U. S. Holder
that first makes a QEF election in a later year may avoid the continued application of the Excess Distribution Rules to its ordinary
shares by making a “deemed sale” election. In that case, the U. S. Holder will be deemed to have sold our ordinary shares
at their fair market value on the first day of the taxable year in which the QEF election becomes effective, and any gain from such deemed
sale would be subject to the Excess Distribution Rules described above. A U. S. Holder that is eligible to make a QEF election with respect
to its ordinary shares generally may do so by providing the appropriate information to the IRS in the U. S. Holder’s timely filed
tax return for the year in which the election becomes effective.

U. S