Treatment of Dispositions of Notes
Subject to the discussion below concerning backup withholding, a Non-U.S. Holder generally will
not be subject to United States federal income tax or withholding tax on gain realized upon the disposition of a note unless:
If the first exception applies, the Non-U.S. Holder generally will be subject to United States
federal income tax at a rate of 30% (or at a reduced rate under an applicable income tax treaty) on the amount by which capital gains allocable to United States sources (including gains from the sale, exchange, retirement or other disposition of the
notes) exceed capital losses allocable to United States sources. If the second exception applies, the Non-U.S. Holder generally will be subject to United States federal income tax with respect to such
gain in the same manner as U.S. Holders, as described above, unless an applicable income tax treaty provides otherwise. Additionally, Non-U.S. Holders that are corporations could be subject to a
branch profits tax with respect to such gain at a rate of 30% (or at a reduced rate under an applicable income tax treaty).
Treatment of Notes for
United States Federal Estate Tax Purposes
A note held, or beneficially held, by an individual who is not a citizen or resident of the
United States at the time of his or her death will not be includable in the individuals gross estate for United States federal estate tax purposes, provided that (i) the Non-U.S. Holder does
not at the time of death actually or constructively own 10% or more of the combined voting power of all classes of our stock entitled to vote and (ii) at the time of death, payments with respect to such note would not have been effectively
connected with the conduct by such holder of a trade or business in the United States. In addition, under the terms of an applicable estate tax treaty, United States federal estate tax may not apply with respect to a note.
United States Information Reporting Requirements and Backup Withholding
Information Reporting and Backup
Under the tax rules concerning information reporting to the IRS:
RPM International Inc. (NYSE: RPM) owns subsidiaries that are world leaders in coatings, sealants, building materials and related services. From homes to precious landmarks worldwide, their brands are trusted by consumers and professionals alike to protect, improve and beautify. Among its leading consumer brands are Rust-Oleum, DAP and Zinsser. Learn more about RPM brands >>
RPM is a compelling long-term investment.
The percent by which RPM's 10-year total return has bested the S&P 500. More reasons >>
Get the latest news and financial information on why RPM is a good investment Download investor kit >>