Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 111

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 10
Chunk 111
---
and, if required
by an applicable income tax treaty, the dividends are attributable to a permanent establishment or fixed base that such holder maintains
in the United States).

Gain
on sale, exchange or other taxable disposition

Subject
to the PFIC rules described below under “ -

Subject
to the discussion below under “ Information reporting and backup withholding,” if you are a Non-U. S. Holder, you generally
will not be subject to United States federal income or withholding tax on any gain realized on the sale or exchange of such securities
unless:

  such gain                                                                                                                            

  you are an individual and                                                                                                              

For
a cash basis taxpayer, units of foreign currency paid or received are translated into U. S. dollars at the spot rate on the settlement
date of the purchase or sale. In that case, no foreign currency exchange gain or loss will result from currency fluctuations between
the trade date and the settlement date of such a purchase or sale. An accrual basis taxpayer, however, may elect the same treatment required
of cash basis taxpayers with respect to purchases and sales of our securities that are traded on an established securities market, provided
the election is applied consistently from year to year. Such election may not be changed without the consent of the IRS. An accrual basis
taxpayer who does not make such election may recognize exchange gain or loss based on currency fluctuations between the trade date and
the settlement date. Any foreign currency gain or loss a U. S. Holder realizes will be U. S. source ordinary income or loss.

Please
consult your tax advisor regarding the proper treatment of foreign currency gains or losses and the deduction or credit for any Israeli
tax paid or withheld with respect to a sale or other disposition of our securities.

Passive
foreign investment company considerations

If
we were classified as a PFIC in any taxable year, a U. S. Holder would be subject to special rules with respect to distributions on and
sales, exchanges and other dispositions of the securities. We will be treated as a PFIC for any taxable year in which at least 75 percent
of our gross income is “passive income” or at least 50 percent of our gross assets during the taxable year, based on the
average of the fair market values of the assets determined at the end of each quarterly period, are assets that produce or are held for
the production of passive income. Passive income for this purpose generally includes, among other things, dividends, interest, rents,
royalties, gains