Company: CSTAF
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001213900-25-002661
Chunk: 89

Company: Constellation Acquisition Corp I
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 89
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 provides a certification that the beneficial owner of the payment does not have any substantial United States owners or provides the name, address and taxpayer identification number of each such substantial United States owner and certain other specified requirements are met. Under certain circumstances, a Redeeming Non -U.S. Holder might be eligible for refunds or credits of such taxes. In certain cases, the relevant foreign financial institution or non -financialforeign entity may qualify for an exemption from, or be deemed to be in compliance with, these rules. If the country in which a Redeeming Non -U.S. Holder is resident has entered into an “intergovernmental agreement” with the United States regarding FATCA, the Redeeming Non -U.S. Holder may be permitted to report to that country instead of the United States, and the intergovernmental agreement may otherwise modify the requirements described in this paragraph. While withholding under FATCA generally would apply to payments of gross proceeds from the sale or other disposition of securities, proposed Treasury Regulations eliminate FATCA withholding on payments of gross proceeds entirely. Taxpayers generally may rely on these proposed Treasury Regulations until final Treasury Regulations are issued. Redeeming Non -U.S. Holders are urged to consult their tax advisors regarding the possible implications of FATCA and whether it may be relevant to their disposition of their shares or warrants. Backup Withholding In general, proceeds received from the exercise of redemption rights will be subject to backup withholding for a non -corporateRedeeming U.S. Holder that: •fails to provide an accurate taxpayer identification number; •is notified by the IRS regarding a failure to report all interest or dividends required to be shown on his or her federal income tax returns; or •in certain circumstances, fails to comply with applicable certification requirements. A Redeeming Non -U.S. Holder generally may eliminate the requirement for information reporting and backup withholding by providing certification of its non -U.S. status, under penalties of perjury, on a duly executed applicable IRS Form W -8or by otherwise establishing an exemption. Any amount withheld under these rules will be creditable against the Redeeming U.S. Holder’s or Redeeming Non -U.S. Holder’s U.S. federal income tax liability or refundable to the extent that it exceeds this liability, provided that the required information is timely furnished to the IRS and other applicable requirements are met. As previously noted above, the foregoing discussion of certain material U.S. federal income tax consequences is included for general information purposes only and is not intended to be, and should not be construed as