Company: NUTR
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001641172-25-009604
Chunk: 216

Company: NUSATRIP Inc
Filing Date: 2025-05-12
Form: S-1/A
Chunk 216
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     | 2024 |        |   |
|:---------------------------------|:----|:-------------|---------:|:--|:----|:-----|-------:|:--|
| Loss                             
 before tax                       |     | $            | (540,313 | ) |     | $    | (7,413 | ) |
| U.S.                             
 federal statutory tax rate (21%) |     |              | (113,466 | ) |     |      | (1,558 | ) |
| Foreign                          
 loss taxed at different rates    |     |              |   (3,391 | ) |     |      | (1,893 | ) |
| Non-deductible                   
 expenses                         |     |              |   10,006 |   |     |      | 12,697 |   |
| Valuation                        
 allowance adjustments            |     |              |  106,851 |   |     |      | (8,781 | ) |
|                                  |     | $            |        — |   |     | $    |    465 |   |

The effective tax rate in the year presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rate. The Company’s subsidiaries mainly operate in United States-Nevada, Indonesia, Singapore, Malaysia and Vietnam that are subject to taxes in the jurisdictions in which they operate, as follows:

United States

The Company is registered in the Nevada and is subject to the State and Federal tax laws of United States. As of March 31, 2025 and 2024, no operating losses which can be carried forward to offset future taxable income.

Vietnam

MLTCL and VITS operating in Vietnam is subject to the Vietnam Income Tax at a standard income tax rate of 20% during its tax year.

As of March 31, 2025 and December 31, 2024, MLTCL incurred $678,862 and $675,745, respectively, of cumulative net operating losses which can be carried forward to offset future taxable income. The net operating loss generated in a tax year can be carried forward for five (5) years. The Company has provided for a full valuation allowance against the deferred tax assets of $3,286 as of March 31, 2025 and $135,149 as of December 31, 2024 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely