Company: PRMB
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001193125-25-045972
Chunk: 93

Company: Primo Brands Corp
Filing Date: 2025-03-05
Form: S-1/A
Chunk 93
---
 or more                                                                                                
 “United States persons” (within the meaning of Section 7701(a)(30) of the Code), or (2) has a valid election in effect to be treated as a United States person for U.S. federal income tax purposes. |

Distributions If we make distributions of cash or property on our Class A common stock, such distributions will constitute dividends for U.S. federal income tax purposes to the extent paid from our current or accumulated earnings and profits, as determined under U.S. federal income tax principles. Amounts not treated as dividends for U.S. federal income tax purposes will constitute a return of capital and first be applied against and reduce a Non-U.S.Holder’s adjusted tax basis in its Class A common stock, but not below zero. Any excess will be treated as capital gain and will be treated as described below under “—Sale or Other Taxable Disposition.” Subject to the discussion below on effectively connected income, dividends paid to a Non-U.S.Holder will be subject to U.S. federal withholding tax at a rate of 30% of the gross amount of the dividends (or such lower rate specified by an applicable income tax treaty, provided the Non-U.S.Holder furnishes a valid IRS Form W-8BENor W-8BEN-E(or other applicable documentation) certifying qualification for the lower treaty rate). A Non-U.S.Holder that does not timely furnish the required documentation, but that qualifies for a reduced treaty rate, may obtain a refund of any excess amounts withheld by timely filing an appropriate claim for refund with the IRS. Non-U.S.Holders should consult their tax advisors regarding their entitlement to benefits under any applicable income tax treaty. If dividends paid to a Non-U.S.Holder are effectively connected with the Non-U.S.Holder’s conduct of a trade or business within the United States (and, if required by an applicable income tax treaty, the Non-U.S.Holder maintains a permanent establishment in the United States to which such dividends are attributable), the Non-U.S.Holder will be exempt from the U.S. federal withholding tax described above. To claim the exemption, the Non-U.S.Holder must furnish to the applicable withholding agent a valid IRS Form W-8ECI,certifying that the dividends are effectively connected with the Non-U.S.Holder’s conduct of a trade or business within the United States. Any such effectively connected dividends will be subject to U.S. federal income tax on a net income basis at the regular rates. A Non-U