The Company may withhold any taxes or charges as required under applicable law. Per the company prospectus “The amounts distributed to INX Token holders will be reduced by any amounts required to be withheld by the Company on account of taxes or other governmental charges.”.
The Company does not provide, and these FAQs should not be construed as, tax advice to you or to any Token holder with respect to the payment of the Distribution. Token holders are urged to consult their own tax advisors regarding the tax consequences of the Distribution in light of their particular circumstances.
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1 comment
Since the token amount is much lower than the pre IPO are taxes still going to be withheld?
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