Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 223

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 223
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 of the Japan Treaty, will be entitled to an exemption from or a reduction of Dutch dividend withholding tax as follows: (i)all Japanese holders of Ordinary Shares or Warrants will be entitled to a reduction of Dutch dividend withholding tax to a rate of 10%; and (ii)if the Japanese holder of Ordinary Shares or Warrants is a qualifying pension fund as described in Article 3, paragraph1, under (m), of the Japan Treaty, the Japanese holder of Ordinary Shares or Warrants is entitled to an exemption from Dutch dividend withholding tax, provided that such dividends are not derived from the carrying on of a business, directly or indirectly, by such qualifying pension fund. A Japanese holder of Ordinary Shares or Warrants that qualifies for an exemption from, or a reduction of, Dutch dividend withholding tax may generally claim (i) an exemption or reduction at source, or (ii) a refund, by making the requisite filings within five years after the end of the calendar year in which the Dutch dividend withholding tax was levied. According to Dutch domestic anti -dividendstripping rules, no credit against Dutch tax, exemption from, reduction, or refund of Dutch dividend withholding tax will be granted if the recipient of the dividends paid by Coincheck Parent is not considered to be the beneficial owner ( uiteindelijk gerechtigde) of those dividends. The DWTA provides for a non -exhaustivenegative description of a beneficial owner. According to the DWTA, a holder of Ordinary Shares will not be considered the beneficial owner of the dividends if as a consequence of a combination of transactions: (i)a person other than the holder of Ordinary Shares or Warrants wholly or partly, directly or indirectly, benefits from the dividends; (ii)whereby this other person retains or acquires, directly or indirectly, an interest similar to that in the Ordinary Shares on which the dividends were paid; and (iii)that other person is entitled to a credit, reduction or refund of Dutch dividend withholding tax that is less than that of the holder of Ordinary Shares or Warrants. In general terms, the burden of proof with respect to beneficial ownership of dividends distributed by Coincheck Parent for an exemption from or a reduction of Dutch dividend withholding tax rests with the holder of Ordinary Shares or Warrants. For a credit against Dutch taxes or a refund of Dutch dividend withholding taxes, the burden of proof rests with the Dutch tax authorities unless the holder of Ordinary Shares or Warrants would receive dividends, including dividends on the Ordinary Shares, in a calendar or financial year