Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 252

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 252
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 who are not resident and not deemed to be resident in the Netherlands (“Non-Dutch Resident 
Individuals”); and
(ii)    entities that are not resident and not deemed to be resident in the Netherlands (“Non-Dutch Resident 
Corporate Entities”).

145

Non-Dutch Resident Individuals
A Non-Dutch Resident Individual will not be subject to any Dutch taxes on income or capital gains derived 
from the purchase, ownership and disposal or transfer of the Ordinary Shares, other than withholding tax as 
described above, unless:
(i)     the Non-Dutch Resident Individual derives profits from an enterprise, whether as entrepreneur or by 
being co-entitled to the net worth of this enterprise other than as an entrepreneur or shareholder and this 
enterprise is fully or partly carried on through a permanent establishment (vaste inrichting) or a 
permanent representative (vaste vertegenwoordiger) in the Netherlands, to which the Ordinary Shares 
are attributable;
(ii)    the Non-Dutch Resident Individual derives benefits from miscellaneous activities carried on in the 
Netherlands in respect of the Ordinary Shares, including activities which are beyond the scope of active 
portfolio investment activities; or
(iii)   the Non-Dutch Resident Individual is entitled to a share — other than by way of securities — in the 
profits of an enterprise, which is effectively managed in the Netherlands and to which the Ordinary 
Shares are attributable.
Non-Dutch Resident Corporate Entities
A Non-Dutch Resident Corporate Entity will not be subject to any Dutch taxes on income or capital gains 
derived from the purchase, ownership and disposal or transfer of the Ordinary Shares, other than withholding tax as 
described above, unless:
(i)     the Non-Dutch Resident Corporate Entity derives profits from an enterprise, which is fully or partly 
carried on through a permanent establishment or a permanent representative in the Netherlands to which 
the Ordinary Shares are attributable; or
(ii)    the Non-Dutch Resident Corporate Entity is entitled to a share — other than by way of securities — in 
the profits of an enterprise or a co-entitlement to the net worth of an enterprise, which is effectively 
managed in the Netherlands and to which the Ordinary Shares are attributable.
Under certain specific circumstances, treaties for the avoidance of double taxation may restrict the extent to 
which Non-Dutch Resident Individuals and Non-Dutch Resident Corporate are subject to Dutch taxes in connection 
with the acquisition, holding, settlement, redemption, and transfer of the Ordinary Shares.
Dutch Gift Tax or Inheritance Tax