Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 181

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 181
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 a U. S. trade or business (and, if an income tax treaty applies,
are attributable to a permanent establishment maintained by the non-U. S. holder in the U. S.) are exempt from such withholding tax, provided
that applicable certification requirements are satisfied. In such case, however, non-U. S. holders will be subject to U. S. federal income
tax on such dividends, net of certain deductions, at the rates applicable to U. S. persons. In addition, corporate non-U. S. holders may
be subject to an additional branch profits tax equal to 30% or such lower rate as may be specified by an applicable tax treaty on dividends
received that are effectively connected with the conduct of a trade or business in the United States.

If non-U. S. holders are eligible for a reduced
rate of U. S. withholding tax pursuant to an applicable income tax treaty, such non-U. S. holders may obtain a refund of any excess amounts
withheld by filing an appropriate claim for refund with the IRS.

Sale or Other Disposition

Except as described below for a reduced rate of
U. S. withholding tax pursuant to an applicable income tax treaty, any gain realized by a non-U. S. holder upon the sale or other disposition
of our Common Stock generally will not be subject to U. S. federal income tax unless:

  the gain is effectively connected with the conduct of a trade or business in the United States by such non- U. S. holder, and, if an income tax treaty applies, is attributable to a permanent es...  

  the non-U. S. holder is an individual who is present in the United States for 183 days or more in the taxable year of the disposition, and certain other conditions are met; or  

  We are or have been a “ U. S. real property holding corporation,” or USRPHC, for U. S. federal income tax purposes at any time during the shorter of the five-year period ending on the date of d...  
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Non-U. S. holders whose gain is described in the
first bullet point above will be subject to U. S. federal income tax on the gain derived from the sale, net of certain deductions, at the
rates applicable to U. S. persons. Corporate non-U. S. holders whose gain