Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 149

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 149
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circumstances, such as shares held by investors subject to special tax rules (for example, financial institutions, insurance companies,
or tax-exempt organizations).

It does not purport
to address all possible tax situations that may be relevant to a decision to purchase, own, or deposit our Ordinary Shares. It is included
herein solely for preliminary information purposes and is not intended to be, nor should it be construed to be, legal or tax advice.
We, our officers, employees, taxation or other advisers do not accept any liability or responsibility in respect of any statement concerning
taxation consequences or the taxation consequences.

Prospective purchasers
of our Ordinary Shares should consult their tax advisers on the applicable tax consequences related to the ownership of our Ordinary
Shares, based on their particular circumstances.

The comments in this
section deal only with the Australian taxation implications of the ownership and disposition of our Ordinary shares if you hold our Ordinary
shares as investments on a capital account. In addition, this summary does not discuss any non-Australian or state tax considerations,
other than stamp duty and goods and services tax.

For this summary,
a holder of our Ordinary Shares that is not an Australian tax resident and is not carrying on business in Australia at or through a permanent
establishment is referred to as a “ Non-Australian Holder”.

Conversely, for the
purposes of this summary, a holder that is an Australian tax resident or is carrying on business in Australia at or through a permanent
establishment is referred to as an “ Australian Resident Holder”.

Please be aware that
the residence concept used in this section applies for Australian tax assessment purposes only. Any reference in this section to a tax,
duty, levy impost, or other charge or withholding of a similar nature refers to Australia’s tax laws and/or concepts only. Also,
please note that a reference to Australian income tax encompasses corporate income tax and personal income tax generally.

Taxation of the Company

As the Company is
a fully taxable Australian company, its taxable income is subject to corporate income tax in Australia. All Australian companies are
subject to a corporate income tax rate of 30%, other than those classified as a “base rate company”, which are businesses
with revenue of less than A$50 million (US$78 million) that are subject to a reduced corporate income tax rate of 25% for the 2023/2024
income year. The Company is not considered an Australian company for the years ended September 30, 2022, 2023