Company: PDCC
Filing Date: 2025-09-16
Form Type: N-2/A
Source: 0001214659-25-013826
Chunk: 178

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-09-16
Form: N-2/A
Chunk 178
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 an investment
in the shares.

Tax Shelter Reporting Regulations. Under
applicable Treasury Regulations, if a U.S. holder recognizes a loss with respect to our securities of $2 million or more for a non-corporate
U.S. holder or $10 million or more for a corporate U.S. holder in any single tax year (or a greater loss over a combination of tax years),
the U.S. holder may be required to file with the IRS a disclosure statement on IRS Form 8886. Direct U.S. holders of portfolio securities
are in many cases excepted from this reporting requirement, but, under current guidance, U.S. holders of a RIC are not excepted. Future
guidance may extend the current exception from this reporting requirement to U.S. holders of most or all RICs. The fact that a loss is
reportable under these regulations does not affect the legal determination of whether the taxpayer’s treatment of the loss is proper.
Significant monetary penalties apply to a failure to comply with this reporting requirement. States may also have a similar reporting
requirement. U.S. holders of our stock should consult their own tax advisors to determine the applicability of these Treasury Regulations
in light of their individual circumstances.

Information Reporting and Backup Withholding.
A U.S. holder (other than an “exempt recipient,” including a “C” corporation and certain other persons who, when
required, demonstrate their exempt status) may be subject to backup withholding at the current rate of 24% on, and will be subject to
information reporting requirements with respect to, payments of principal or interest (including Original Issue Discount (OID), if any)
on, and proceeds from the sale, exchange, redemption or retirement of, our securities. In general, if a non-corporate U.S. holder subject
to information reporting fails to furnish a correct taxpayer identification number or otherwise fails to comply with applicable backup
withholding requirements, backup withholding at the applicable rate may apply.

You should consult your own tax advisor regarding
the application of information reporting and backup withholding in your particular circumstance and the availability of and procedure
for obtaining an exemption from backup withholding. Backup withholding is not an additional tax, and any amounts withheld under the backup
withholding rules may be allowed as a refund or a credit against your U.S. federal income tax liability, provided the required information
is timely furnished to the IRS.

FATCA Withholding on Payments to Certain Foreign Entities. FATCA requires the Company to withhold