Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 111

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 111
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.L.P.’s opinion is based on existing U.S. federal income tax law governing
qualification as a REIT, which is subject to change either prospectively or retroactively.

Moreover, our qualification and taxation as a
REIT depends upon our ability to meet, on a continuing basis, through actual annual operating results, certain qualification tests set
forth in the U.S. federal income tax laws. Those qualification tests involve the percentage of income that we earn from specified sources,
the percentage of our assets that fall within specified categories, the diversity of ownership of our stock, and the percentage of our
earnings that we distribute. Vinson & Elkins L.L.P. will not review our compliance with those tests on a continuing basis. Accordingly,
no assurance can be given that our actual results of operations for any particular taxable year will satisfy such requirements. While
we intend to operate so that we will continue to qualify as a REIT, given the highly complex nature of the rules governing REITs, the
ongoing importance of factual determinations, and the possibility of future changes in our circumstances, no assurance can be given by
tax counsel or by us that we will qualify as a REIT for any particular year. Vinson & Elkins L.L.P.’s opinion does not foreclose
the possibility that we may have to use one or more of the REIT savings provisions described below, which could require us to pay an excise
or penalty tax (which could be material) in order for us to maintain our REIT qualification. For a discussion of the tax consequences
of our failure to qualify as a REIT, see “—Failure to Qualify.”

As long as we qualify as a REIT, we generally
will not be subject to U.S. federal income tax on the taxable income that we distribute to our stockholders. The benefit of that tax treatment
is that it avoids the “double taxation,” or taxation at both the corporate and stockholder levels, that generally applies
to distributions by a corporation to its stockholders. However, even if we qualify as a REIT, we will be subject to U.S. federal tax in
the following circumstances:

| · | We will pay U.S. federal income tax on any taxable income, including net capital gain, that we do not distribute to stockholders during, 
 or within a specified time period after, the calendar year in which the income is earned.                                                |

| 39 |

| · | We will pay U.S. federal income