Company: CMA
Filing Date: 2025-08-05
Form Type: 424B5
Source: 0001193125-25-173600
Chunk: 58

Company: COMERICA INC
Filing Date: 2025-08-05
Form: 424B5
Chunk 58
---
 the time that the determination must be made, you are advised to consult your own tax advisors regarding the tax treatment of a redemption. If we redeem your depositary shares in a redemption that meets one of the tests described above, you generally will recognize capital gain or loss equal to the sum of the amount of cash and fair market value of property (other than stock of us or a successor to us) received by you less your adjusted tax basis in the depositary shares. This gain or loss would be long-term capital gain or capital loss if you have held the depositary shares for more than one year. If a redemption does not meet any of the tests described above, the redemption proceeds received from our depositary shares will be treated as a distribution on our shares and will generally be taxable as described under the caption “U.S. Holders—Distributions” above. Non-U.S.Holders This section summarizes certain U.S. federal income tax consequences of the ownership and disposition of depositary shares by a non-U.S.holder. You are a non-U.S.holder if you are a beneficial owner of the depositary shares other than a U.S. holder or an entity or arrangement that is treated as a partnership for U.S. federal income tax purposes. Distributions Except as described below, if you are a non-U.S.holder of depositary shares, distributions paid to you out of our current or accumulated earnings and profits that are taxed as dividends for U.S. federal income tax purposes (including any redemption proceeds treated as a dividend for U.S. federal income tax purposes as discussed above under “U.S. Holders—Redemptions”) are subject to U.S. federal income withholding tax at a 30% rate (or a lower rate if an applicable income tax treaty so provides). Even if you are eligible for a lower treaty rate, the applicable withholding agent generally will be required to withhold tax at a 30% rate (rather than the lower treaty rate) on dividend payments to you, unless you have properly furnished a valid IRS Form W-8BENor W-8BEN-Eupon which you certify, under penalties of perjury, your status as a person who is not a U.S. person and your entitlement to the lower treaty rate with respect to such payments. If you are eligible for a reduced rate of U.S. withholding tax under an applicable income tax treaty, you may obtain a refund of any amounts withheld in excess of that rate by filing a refund claim with the IRS. We will not pay any