Company: BPAC
Filing Date: 2025-10-22
Form Type: S-1/A
Source: 0001185185-25-001525
Chunk: 236

Company: Blueport Acquisition Ltd
Filing Date: 2025-10-22
Form: S-1/A
Chunk 236
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 tax treaty, are attributable to
a permanent establishment or fixed base that such Non-U.S. Holder maintains in the United States). If the dividend, despite
being paid by a foreign corporation, is deemed to be U.S. source under the Code and Treasury regulations promulgated thereunder,
then withholding at a 30% rate applies, unless such tax rate is lowered by an applicable income tax treaty. In addition, a Non-U.S. Holder
generally will not be subject to United States federal income tax on any gain attributable to a sale or other taxable disposition
of our Class A ordinary shares or rights unless such gain is effectively connected with its conduct of a trade or business in the
United States (and, if required by an applicable income tax treaty, is attributable to a permanent establishment or fixed base that
such holder maintains in the United States).

Dividends (including constructive
distributions treated as dividends) and gains that are effectively connected with the Non-U.S. Holder’s conduct of a trade
or business in the United States (and, if required by an applicable income tax treaty, are attributable to a permanent establishment
or fixed base in the United States) generally will be subject to United States federal income tax at the same regular United States
federal income tax rates applicable to a comparable U.S. Holder and, in the case of a Non-U.S. Holder that is a corporation
for United States federal income tax purposes, also may be subject to an additional branch profits tax at a 30% rate or a lower applicable
tax treaty rate.

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As described under “U.S. Holders—Acquisition of Class A Ordinary Shares Pursuant to Rights,” the tax consequences of an acquisition of our Class
A ordinary shares pursuant to rights are unclear and will depend on the tax treatment of any initial business combination. In addition,
the tax treatment of a right that expires worthless is unclear. Accordingly, Non-U.S. Holders should consult their tax advisors regarding
the tax consequences of an acquisition of Class A ordinary shares pursuant to rights and the consequences of any initial business combination
and the tax treatment of any losses that result if the rights expire worthless.

Information Reporting and Backup Withholding

Dividend payments with respect
to our Class A ordinary shares and proceeds from the sale, exchange, redemption or other taxable disposition of our Class A
ordinary shares or rights may be subject to information reporting to the IRS and possible United States backup withholding. Backup
withholding will not