Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 95

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 95
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 the New Zealand taxation authorities will ultimately
take a view that is consistent with us.

Provided that the Company
is not tax resident in New Zealand for New Zealand income tax purposes:

● it will be subject
to New Zealand income tax on income it derives or is deemed to derive which has a New Zealand source (such as income derived from or attributable
to a permanent establishment that Globavend HK has or is deemed to have in New Zealand, and dividends it receives from a New Zealand tax
resident company);

● holders of our Ordinary
Shares who are not New Zealand tax residents should not be subject to New Zealand income tax on distributions by Globavend HK or gains
realized from the sale or other disposition of our Ordinary Shares; and

● holders of our Ordinary
Shares who are New Zealand tax residents will be subject to New Zealand income tax on income which they derive or are deemed to derive
from the holding and disposition of our Ordinary Shares at the rate applicable to that holder (currently of up to 33%). It is possible
that the rate of New Zealand income tax in such situations may be reduced or eliminated by the operation of an applicable double tax agreement
between New Zealand and another jurisdiction in which the holder is tax resident. It is also possible that the amount of tax payable in
New Zealand may be reduced or offset by a tax credit available for non-New Zealand taxes paid by or on behalf of the holder.

Material U.S. Federal Income Tax Considerations for U.S. Holders

The
following discussion describes the material U.S. federal income tax consequences relating to the ownership and disposition of our Ordinary
Shares by U.S. Holders (as defined below). This discussion applies to U.S. Holders that purchase our Ordinary Shares pursuant to this
Offering and hold such Ordinary Shares as capital assets. This discussion is based on the U.S. Internal Revenue Code of 1986,
as amended, U.S. Treasury regulations promulgated thereunder, and administrative and judicial interpretations thereof, all as in effect
on the date hereof and all of which are subject to change, possibly with retroactive effect. This discussion does not address all of
the U.S. federal income tax consequences that may be relevant to specific U.S. Holders in light of their particular circumstances or
to U.S. Holders subject to special treatment under U.S. federal income tax law (such as certain financial institutions; insurance companies;
dealers or traders in securities or other persons that generally mark their securities to