Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 102

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 10
Chunk 102
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 deemed to be a PRC resident
enterprise under the PRC Enterprise Income Tax Law, we may be eligible for the benefits of the United States -PRC income tax treaty.
If we are eligible for such benefits, dividends we pay on our ordinary shares, would be eligible for the reduced rates of taxation described
in this paragraph. You are urged to consult your tax advisor regarding the availability of the lower rate for dividends paid with respect
to our ordinary shares. Dividends received on our ordinary shares will not be eligible for the dividends-received deduction allowed to
corporations.

  74  

Dividends
will generally be treated as income from foreign sources for U. S. foreign tax credit purposes and will generally constitute passive category
income. Depending on the U. S. Holder’s individual facts and circumstances, a U. S. Holder may be eligible, subject to a number of
complex limitations, to claim a foreign tax credit not in excess of any applicable treaty rate in respect of any foreign withholding
taxes imposed on dividends received on our ordinary shares. A U. S. Holder who does not elect to claim a foreign tax credit for foreign
tax withheld may instead claim a deduction, for U. S. federal income tax purposes, in respect of such withholding, but only for a year
in which such U. S. Holder elects to do so for all creditable foreign income taxes. The rules governing the foreign tax credit are complex
and their outcome depends in large part on the U. S. Holder’s individual facts and circumstances. Accordingly, U. S. Holders are
urged to consult their tax advisors regarding the availability of the foreign tax credit under their particular circumstances.

Taxation
of Sale or Other Disposition of Ordinary Shares

Subject
to the discussion below under “ Passive Foreign Investment Company Rules,” a U. S. Holder will generally recognize capital
gain or loss upon the sale or other disposition of ordinary shares in an amount equal to the difference between the amount realized upon
the disposition and the U. S. Holder’s adjusted tax basis in such ordinary shares. Any capital gain or loss will be long term if
the ordinary shares have been held for more than one year and will generally be U. S.-source gain or loss for U. S. foreign tax credit
purposes. Long-term capital gains of non-corporate taxpayers are currently eligible for reduced rates of taxation. In the event that
gain from the disposition of the ordinary shares is subject to tax in