Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 272

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 10
Chunk 272
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 index for the years 2025-2027). According to new legislation, in effect as of January 1, 2025, an additional 2% excess tax is imposed on Capital-Sourced Income (defined as income from any source other than employment income, business income or income from “personal effort”), to the extent that the Individual’s Capital Sourced Income exceeds the specified threshold of NIS 721,560 (and regardless of the employment/business income amount of such individual). This new excess tax applies, among other things, to income from capital gains, dividends, interest, rental income, or the sale of real property.
United States Federal Income Taxation
 
The following is a description of the material United States federal income tax consequences to U.S. Holders (as defined below) of the acquisition, ownership and disposition of our ordinary shares. This description addresses only the United States federal income tax consequences to holders of our ordinary shares that hold such ordinary shares as capital assets. This description does not address tax considerations applicable to holders that may be subject to special tax rules, including, without limitation:

◾   banks, financial institutions or insurance companies;
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◾   real estate investment trusts, regulated investment companies or grantor trusts;
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◾   dealers or traders in securities, commodities or currencies;
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◾   tax-exempt entities;
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◾   certain former citizens or long-term residents of the United States;
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◾   persons that received our shares as compensation for the performance of services;
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◾   persons that will hold our shares as part of a “hedging,” “integrated” or “conversion” transaction
             or as a position in a “straddle” for United States federal income tax purposes;          
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◾   partnerships (including entities classified as partnerships for United States federal income tax purposes) or other pass-through
                                 entities, or holders that will hold our shares through such an entity;                             
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◾   persons subject to special tax accounting rules as a result of any item of gross income with respect to the ordinary shares being
                    taken into account in an “applicable financial statement” pursuant to Section 451(b) of the Code;                
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◾   U.S. Holders (as defined below) whose “functional currency” is not the U.S. dollar; or
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◾   holders that own directly, indirectly or through attribution 10.0% or more of the voting power or