Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 187

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 187
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 generally will constitute “qualified dividends” that will be subject to tax at the maximum tax rate accorded to long -termcapital gains. However, it is unclear whether the redemption rights with respect to the Goldenstone Public Shares may prevent a U.S. Holder from satisfying the applicable holding period requirements with respect to the dividends received deduction or the preferential tax rate on qualified dividend income, as the case may be. All U.S. Holders are urged to consult their tax advisors as to the tax consequences to them of a redemption of all or a portion of their Goldenstone Public Shares pursuant to an exercise of redemption rights. U.S. Federal Income Tax Consequences to Non-U.S. Holders The characterization for U.S. federal income tax purposes of the redemption of a Non -U.S. Holder’s Goldenstone Public Shares as a sale or exchange under Section 302 of the Code or as a corporate distribution under Section 301 of the Code generally will correspond to the U.S. federal income tax characterization of such a redemption of a U.S. Holder’s Goldenstone Public Shares, as described above, and the corresponding consequences will be as described below. Redemption Treated as Sale or Exchange Any gain realized by a Non -U.S. Holder on the redemption of Goldenstone Public Shares that is treated as a sale or exchange under Section 302 of the Code generally will not be subject to U.S. federal income tax unless: •the gain is effectively connected with a trade or business of the Non -U.S. Holder in the United States (and, if required by an applicable income tax treaty, is attributable to a United States permanent establishment or fixed base of the Non -U.S. Holder); •the Non -U.S. Holder is an individual who is present in the United States for a period or periods aggregating 183 days or more in the taxable year of the disposition, and certain other conditions are met; or •we are or have been a “United States real property holding corporation” for U.S. federal income tax purposes at any time during the shorter of the five -yearperiod ending on the date of disposition or the Non -U.S. Holder’s holding period for such Goldenstone Public Shares redeemed, and either (A) shares of Goldenstone Public Shares are not considered to be regularly traded on an established securities market or (B) such Non -U.S. Holder has owned or is deemed to have owned, at any time during the shorter of the five -yearperiod preceding such disposition and such Non -U.S.