On March 15, 2010, Sapient paid a special cash dividend in the amount of $0.35 per share to its stockholders. Sapient has calculated that 67.7087% of the special dividend is taxable and 32.2913% is considered to be a return of capital and, therefore, is non-taxable. Of the amount that is taxable, 100% is considered "Qualified" for U.S. income tax purposes.
IT IS IMPORTANT THAT YOU CONSULT YOUR PERSONAL TAX ADVISOR TO DETERMINE YOUR EQUITY-RELATED INCOME TAX OBLIGATIONS. Sapient does not provide personal legal, accounting or tax advice. Always consult your own professional advisers.
In addition to U.S. federal, state, and local tax rules, you may be required to adhere to foreign tax regulations if you live or work outside of the United States. Tax rules and regulations are varied and complex â€“ how they apply to you should be determined by a tax expert.