Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 117

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 117
---
tax liability is calculated based on a separate return basis as if SOPA had filed separate tax returns before the completion of the Reorganization.
Immediately following the Reorganization, the Company began to file separate tax returns and report the income tax based on the actual
tax return of each legal entity under its respective tax regime.

Deferred
tax assets and liabilities are recognized for future tax consequences between the carrying amounts of assets and liabilities and their
respective tax basis using enacted tax rates in effect for the tax year in which the differences are expected to reverse. Significant
deferred tax assets and liabilities of the Company as of September 30, 2025 and December 31, 2024 consist of the following:

Schedule
of Deferred Tax Assets and Liabilities

 SCHEDULE
OF DEFERRED TAX ASSETS AND LIABILITIES

    September
    30, 2025  
    December
    31,  2024 

    (unaudited)  

    Cumulative loss 
    $8,748,055  
    $8,156,178 

    Deferred tax asset 
     120,651  
     88,913 
  
    Valuation allowance adjustments 
     (120,651) 
     (88,913)
  
    Post employment benefit 
     9,763  
     57,688 
  
    Deferred
    tax assets, net 
    $9,763  
    $57,688 

The
Internal Revenue Code includes a provision, referred to as Global Intangible Low-Taxed Income (“GILTI”), which provides for
a 10.5% tax on certain income of controlled foreign corporations. We have elected to account for GILTI as a period cost if and when occurred,
rather than recognizing deferred taxes for basis differences expected to reverse.

NOTE
– 15 PENSION COSTS

The
Company is required to make contribution to their employees under a government-mandated defined contribution pension scheme for its eligible
full-times employees in all countries operating in the Company. The Company is required to contribute a specified percentage of the participants’
relevant income based on their ages and wages level. During the nine months ended September 30, 2025 and 2024, $42,050 and $71,010   contributions
were made accordingly. During the three months ended September 30, 2025 and 2024, $14,171 and $27,406 contributions