Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 136

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 136
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tax on the net long-term capital gain we receive in a taxable year. If we so elect, we will be treated as having distributed any such
retained amount for purposes of the 4% nondeductible excise tax described above. We intend to make timely distributions sufficient to
satisfy the annual distribution requirements and to avoid U.S. federal corporate income tax and the 4% nondeductible excise tax.

Limitations on Deductions. It is possible
that, from time to time, we may experience timing differences between the actual receipt of income and actual payment of deductible expenses
and the inclusion of that income and deduction of such expenses in arriving at our REIT taxable income. For example, we may not deduct
recognized capital losses from our “REIT taxable income.” Further, it is possible that, from time to time, we may be allocated
a share of net capital gain attributable to the sale of depreciated property that exceeds our allocable share of cash attributable to
that sale. Additionally, we generally will be required to recognize certain amounts as income no later than the time such amounts are
reflected on certain financial statements.

A taxpayer’s net interest expense deduction
may be limited to 30% (adjusted, in the absence of an election otherwise, to 50% for non-partnership entities for their 2019 and 2020
taxable years and for partnerships for their 2020 taxable years under the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the
“CARES Act”)) of the sum of adjusted taxable income, business interest, and certain other amounts. Adjusted taxable income
does not include items of income or expense not allocable to a trade or business, business interest or expense, the deduction for qualified
business income, net operating losses (“NOLs”), and for years prior to 2022, deductions for depreciation, amortization, or
depletion. Under the CARES Act, a taxpayer may have elected to use its adjusted taxable income from its 2019 taxable year for purposes
of calculating its limitation in its 2020 taxable year. For partnerships, the interest deduction limit is applied at the partnership level,
subject to certain adjustments to the partners for unused deduction limitation at the partnership level. Disallowed interest expense is
carried forward indefinitely (subject to special rules for partnerships, including, under the CARES Act, the ability for a partner allocated
disallowed interest with respect to the partnership’s 201