Company: MYI
Filing Date: 2025-07-15
Form Type: 425
Source: 0001193125-25-159406
Chunk: 41

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-15
Form: 425
Chunk 41
---
 and the United States. To claim these tax benefits, the non-U.S.Stockholder must provide the Depositary with a properly completed IRS Form W-8BENor W-8BEN-E(or other IRS Form W-8,where applicable, or their substitute forms) to establish his or her status as a Non-U.S.Stockholder, to claim beneficial ownership over Shares, and to claim, if applicable, a reduced rate of or exemption from withholding tax under the applicable treaty. Backup withholding generally will not apply to amounts subject to the 30% or a treaty-reduced rate of withholding. FATCA Withholding. A Non-U.S.Stockholder (other than an individual) may be subject to a 30% withholding tax under FATCA unless such Non-U.S.Stockholder establishes an exemption from such withholding tax under FATCA, typically on IRS Form W-8BEN-E.Amounts withheld under FATCA will be credited against any withholding due for U.S. federal income tax. Non-U.S.Stockholders are encouraged to consult with their tax advisers regarding the possible implications of these rules on their participation in the Offer. Non-U.S.Stockholders are urged to consult their own tax advisers regarding the application of U.S. federal income tax withholding, including eligibility for a withholding tax reduction or exemption, and the refund procedure. The U.S. federal income tax discussion set forth above is a summary included for general information purposes only. In view of the individual nature of tax consequences, each stockholder is advised to consult its own tax adviser with respect to the specific tax consequences to it of the Offer, including the effect and applicability of state, local, foreign and other tax laws and the possible effects of changes in federal or other tax laws.

| 15. | Certain Legal and Regulatory Matters. |

The Fund is not aware of any approval or action by any government or governmental, administrative or regulatory authority or agency, domestic or foreign, that would be required to effect the Offer. Should any such approval or other action be required, the Fund presently contemplates that such approval or other action will be sought. The Fund is unable to predict whether it may determine that it is required to delay the acceptance for payment of, or payment for, Shares purchased pursuant to the Offer pending the outcome of any such matter. There can be no assurance that any such approval or other action, if needed, would be obtained without substantial conditions or that the failure to obtain any such approval or other action might not have a material adverse effect on