Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 43

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 43
---
 taxes 
    $47,839  
    $3,897 

Reconciliation
of statutory to effective tax rate:

 SCHEDULE OF RECONCILIATION OF STATUTORY TO EFFECTIVE TAX RATE

    2025  
    2024 

    Nine
    months ended September 30, 

    2025  
    2024 
  
    Loss before tax 
    $(544,038) 
    $(484,059)

    U.S. federal statutory tax
    rate (21%) 
     (114,248) 
     (101,653)
  
    Foreign gain (loss) taxed
    at different rates 
     8,926  
     (9,002)
  
    Non-deductible expenses 
     32,510  
     33,763 
  
    Valuation
    allowance adjustments 
     120,651  
     80,789 
  
    Income tax expense (benefit) 
    $47,839  
    $3,897 

The
effective tax rate in the period 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 operating in various countries 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 tax laws of United States.

As
of September 30, 2025, no operating losses which can be carried forward to offset future taxable income.

Singapore

The
Company’s subsidiary is registered in the Republic of Singapore and is subject to the tax laws of Singapore.

As
of September 30, 2025, the Company’s subsidiary operations in the Singapore incurred $149,838 of cumulative net operating losses
which can be carried forward to offset future taxable income. The net operating loss carryforwards begin to expire in 2026, if unutilized.
The Company has provided for a full valuation allowance against the deferred tax assets of $24,974 on the expected future tax benefits
from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized
in the future.

    30

Vietnam

The
Company’s subsidiary operating in Vietnam is subject to the Vietnam Income Tax at a standard income tax rate of 20% during its
tax year.

As
of September 30,