To The Moon

With the imminent imposition of the 10% withholding tax on U.S. PTP-related securities on January 1, 2023, some securities have issued Qualiified Notices indicating that the PTP meets the exemption from withholding tax requirements of IRC Rule 1446(f)-4(b)(3), according to the latest news report.

Reminder of normal trading in certain PTP products.

That is, sales, transactions or transfers of these PTP-related securities from the date of the Company's announcement through the exemption period will be exempt from withholding tax of 10% of the total amount of the transaction. Normal orders can now be placed for these selected securities and securities transfers are supported. Note: The exemption period is 92 days from the date of announcement by the listed company. After the 92-day exemption period is exceeded, whether the exemption period will continue to be extended thereafter shall be subject to announcement by the listed company.

$ProShares Ultra Silver(AGQ)$ $Bloomberg Natural Gas Bull 2X ETF(BOIL)$ $ProShares UltraShort Euro(EUO)$ $ProShares UltraShort Gold(GLL)$ $Bloomberg Natural Gas Bear 2X ETF(KOLD)$ $Bloomberg Crude Oil Bear 2X ETF(SCO)$ $-1X Short VIX Futures ETF(SVIX)$ $ProShares Short VIX Short Term Futures ETF(SVXY)$ $ProShares Ultra Bloomberg Crude Oil(UCO)$ $ProShares Ultra Gold(UGL)$ $ProShares Ultra Euro(ULE)$ $2X Long VIX Futures ETF(UVIX)$ $VIX Short-Term Futures 1.5X ETF(UVXY)$ $ProShares VIX Mid-Term Futures ETF(VIXM)$ $ProShares VIX Short-Term Futures ETF(VIXY)$ $ProShares Ultra Yen(YCL)$ $ProShares UltraShort Yen(YCS)$ $ProShares UltraShort Silver(ZSL)$

PTP-related securities that are currently announced to be eligible for exemption from withholding tax: (Issuers of securities products will apply for exemption from withholding tax for the relevant products one after another and dynamically update the list of securities products that are exempt from withholding tax, so please pay attention to them in a timely manner and pay attention to trading risks.)

According to the existing policy, the US IRS will impose a tax of up to 10% on transactions by non-US persons, in particular a dividend tax of up to 37%, as follows.

EffEffectivenuary 1, 2023, pursuant to Internal Revenue Service (IRS) Internal Revenue Code (IRC Section) Section 1446(a) and (f): Withholding Tax and Information Reporting for Non-U.S. Persons Selling or Transferring Publicly Traded Partnerships (PTP)-Related Securities The latest rules on withholding tax and information reporting provide that a relevant customer will incur the following US tax costs whewhen withholding, org,lling, trading or transferring PTP-related securities.

Withholding tax of 37% (for individual investors) or 21% (for corporate or institutional investors) of the total amount of dividends distributed upon receipt of a dividend distribution.

Withholding tax at 10% of the gross amount of the transaction when selling, trading or transferring PTP related securities.

More informations: How the PTP Act will affect investors？