Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 117

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 10
Chunk 117
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 the Ordinary Shares should consult their tax advisors concerning the application
of the PFIC rules to Ordinary Shares under their particular circumstances.

Backup
Withholding and Tax Reporting

In
general, information reporting requirements will apply to dividends received by U. S. Holders of Ordinary Shares (including constructive
dividends), and the proceeds received on the disposition of Ordinary Shares effected within the United States (and, in certain cases,
outside the United States), in each case, other than U. S. Holders that are exempt recipients (such as certain corporations). Backup withholding
(currently at a rate of 24%) may apply to such amounts if the U. S. Holder fails to provide an accurate taxpayer identification number
(generally on an IRS Form W-9 provided to the paying agent or the U. S. Holder’s broker) or is otherwise subject to backup withholding.

Backup
withholding is not an additional tax. Any amounts withheld under the backup withholding rules may be allowed as a refund or credit against
a holder’s U. S. federal income tax liability, if any, provided the required information is timely furnished to the IRS.

F.
Dividends and Paying Agents

Not
applicable.

G.
Statement by Experts

Not
applicable.

H.
Documents on Display

We
are subject to the informational requirements of the Exchange Act. Accordingly, we are required to file reports and other information
with the SEC, including annual reports on Form 20-F and reports on Form 6-K. The SEC maintains an Internet site at www. sec. gov

  69  

I.
Subsidiary Information

Not
applicable.

J.
Annual Report to Security Holders

Not
applicable.

ITEM
11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS