Company: CL
Filing Date: 2025-04-28
Form Type: 424B2
Source: 0001104659-25-039840
Chunk: 22

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-04-28
Form: 424B2
Chunk 22
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-market the Notes, tax-exempt organizations,
regulated investment companies, real estate investment trusts, U.S.

Holders (as defined below) whose functional currency
for tax purposes is not the U.S. dollar, expatriates, persons subject to alternative minimum tax, persons holding Notes as part of a “straddle,”
“hedge” or “conversion transaction” and accrual method taxpayers subject to special tax accounting rules as
a result of their use of financial statements) may be subject to special rules not discussed below. This discussion is limited to
holders who will hold the Notes as “capital assets” (generally, property held for investment) within the meaning of Section 1221
of the Code. Moreover, the effect of any applicable state, local or foreign tax laws and other U.S. federal tax laws (such as estate and
gift tax laws) is not discussed.

EACH INVESTOR SHOULD CONSULT HIS, HER OR ITS OWN TAX ADVISOR AS TO PARTICULAR TAX CONSEQUENCES TO IT OF PURCHASING, HOLDING AND DISPOSING OF NOTES.

As used herein, the term “U.S. Holder”
means a beneficial owner of a Note that is for United States federal income tax purposes (1) a citizen or resident of the United
States, (2) a corporation, including for this purpose an entity treated as a corporation for United States federal income tax purposes,
created or organized in or under the laws of the United States, any state thereof or the District of Columbia, or (3) an estate or
trust the income of which is subject to United States federal income tax regardless of its source. As used herein, the term “Non-U.S.
Holder” means a beneficial owner (other than a partnership) of Notes that is not a U.S. Holder.

If a partnership (including for this purpose any
entity or arrangement treated as a partnership for United States federal income tax purposes) holds a Note, the treatment of a partner
in the partnership will generally depend on the status of the partner and activities of the partnership. A holder that is a partnership
and partners in such partnership should consult their tax advisors regarding the United States federal income tax consequences of purchasing,
owning and disposing of the Notes.

U.S. Holders

Interest. Stated interest on a Note
will be included in the income of a U.S. Holder as ordinary income at the time such interest is received or accrued, in accordance with
the U.S. Holder’s regular method