Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 101

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 9
Chunk 101
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 income tax
law, if the gains are sourced in Australia.

Non-Australian Shareholders
assessable under these ordinary income provisions in respect of gains made on shares held on revenue account would be assessed for such
gains at the Australian tax rates for non-Australian residents, which start at a marginal rate of 32.5%. This rate does not include the
Temporary Budget Repair Levy of 2% that applies in certain circumstances. Some relief from Australian income tax may be available to Non-Australian
Shareholders under the Treaty.

To the extent an amount would
be included in a Non-Australian Shareholder’s assessable income under both the capital gains tax provisions and the ordinary income
provisions, the capital gain amount would generally be reduced, so that the shareholder would not be subject to double tax on any part
of the income gain or capital gain.

Dual Residency

If a shareholder is a resident
of both Australia and the United States under those countries’ domestic taxation laws, that shareholder may be subject to tax as
an Australian resident. If, however, the shareholder is determined to be a U. S. resident for the purposes of the Treaty, the Australian
tax would be subject to limitation by the Treaty. Shareholders should obtain specialist taxation advice in these circumstances.

Stamp Duty

No stamp duty is payable by
Australian residents or non-Australian residents on the issue and trading of shares that are quoted on Nasdaq at all relevant times and
the shares do not represent 90% or more of all of our issued shares.

Australian Death Duty

Australia does not have estate
or death duties. As a general rule, no capital gains tax liability is realized upon the inheritance of a deceased person’s shares.
The disposal of inherited shares by beneficiaries may, however, give rise to a capital gains tax liability if the gain falls within the
scope of Australia’s jurisdiction to tax.

Goods and Services Tax

The issue or transfer of shares
to a non-Australian resident investor will not incur Australian goods and services tax.

F. Dividends and Paying Agents

Not applicable.

G. Statement by Experts

Not applicable.

H. Documents on Display

We are subject to certain
information reporting requirements of the Exchange Act, applicable to foreign private issuers and under those requirements will file reports
with the SEC. The SEC maintains an internet site at http://www. sec. gov that contains reports, proxy and information statements and
other information regarding issuers that file electronically with the SEC. Our filings