Company: AGCC
Filing Date: 2025-09-04
Form Type: F-1/A
Source: 0001213900-25-084516
Chunk: 168

Company: Agencia Comercial Spirits Ltd.
Filing Date: 2025-09-04
Form: F-1/A
Chunk 168
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 Cayman Islands, Taiwan and the United States. To the extent that the discussion relates to matters of Cayman Islands tax law, it represents the opinion of Harney Westwood & Riegels, our Cayman Islands counsel, and to the extent it relates to Taiwan tax law, it is the opinion of KPMG Law Firm, our Taiwan counsel. TAIWAN TAXATION The following is a general summary of the principal Taiwan tax implications of the ownership and disposition of our Class A Ordinary Shares (the holders of our Class A Ordinary Shares referred to herein as “Holders”). Holders should consult their tax advisors concerning the Taiwan tax consequences of holding our Class A Ordinary Shares and the laws of any relevant taxing jurisdiction to which they are subject. Capital gains from the sale or disposal of our Class A Ordinary Shares Sale or disposal of the Class A Ordinary Shares of a Cayman Islands company is generally not regarded as the sale of Taiwan securities; thus, any gains generated therefrom by Holders who are individual Taiwan tax residents are not subject to Taiwan income tax. However, such capital gains may become subject to Taiwan Alternative Minimum Tax (“AMT”) as overseas income. For further information, please see “ Taiwan Alternative Minimum Tax” below. In contrast, for Holders who are corporate Taiwan tax residents, such capital gains should still be included in their current -yearcorporate income tax (“CIT”) returns and subject to 20% CIT rate. Dividends For Holders who are individual Taiwan tax residents, they may be subject to AMT for dividends received from the Company as overseas income. For further information, please see “ Taiwan Alternative Minimum Tax” below. For Holders who are corporate Taiwan tax residents, dividends income should be included in their current -yearCIT return and subject to 20% CIT rate. Furthermore, starting from January1, 2024, Taiwan has started to enforce the Controlled Foreign Corporation (“CFC”) regime on Taiwan tax residents. Specifically, under the CFC regime, if Holders who are Taiwan tax residents (either individuals or corporations) directly or indirectly hold 50% or more of the shares of the Company or have significant influence over the Company, the Company will constitute a CFC of such Holders. In this case, unless the Company carries out substantial operating activities in the Cayman Islands or its current -yearearnings are below NTD7million, the retained earnings of the Company would be deemed to distribute to the Holders. Such deemed dividends would be taxable based on the a