Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 180

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 180
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 and disclosure requirements (generally by providing
an IRS Form W-8ECI). Instead, such dividends generally will be subject to U. S. federal income tax, net of certain deductions, at the same
individual or corporate rates applicable to U. S. Holders. If the non-U. S. Holder is a corporation, dividends that are effectively connected
income may also be subject to a “branch profits tax” at a rate of 30% (or such lower rate as may be specified by an applicable
income tax treaty).

Gain on Sale, Exchange or Other Taxable
Disposition of Ordinary Shares

A non-U. S. Holder generally will not be subject
to U. S. federal income or withholding tax in respect of gain recognized on a sale, taxable exchange or other taxable disposition of our
Ordinary Shares, unless:

  the gain is effectively connected with the conduct                                                                                      

  the non-U. S. Holder is an individual who is present                                                                   

  we are or have been a “ United States real                                                                                                 
  property holding corporation,” or USRPHC, for U. S. federal income tax purposes at any time during the shorter of the five-year period     
  ending on the date of disposition or the period that the non-U. S. Holder held our Ordinary Shares, as the case may be, and certain other  
  conditions are met.                                                                                                                        
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Gain described in the first bullet point above
will be subject to tax at generally applicable U. S. federal income tax rates as if the non-U. S. Holder were a U. S. Holder. Any gains described
in the first bullet point above of a non-U. S. Holder that is a foreign corporation may also be subject to an additional “branch
profits tax” at a 30% rate (or lower applicable treaty rate). Gain described in the second bullet point above will generally be
subject to a flat 30% U. S. federal income tax. Non-U. S. Holders are urged to consult their tax advisors regarding possible eligibility
for benefits under income tax treaties. We do not believe we currently are or will become a USRPHC, however there can be no assurance
in this regard. Non-U. S. Holders are urged to consult their tax advisors regarding the application of these rules.

Information Reporting and Backup Withholding.

Distributions on our Ordinary