Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 149

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 149
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 accumulated earnings and profits.

For any year in which we qualify as a REIT, a
non-U.S. stockholder may incur tax on distributions that are attributable to gain from our sale or exchange of a USRPI under FIRPTA. A
USRPI includes certain interests in real property and shares in corporations at least 50% of whose assets consist of interests in real
property. Under FIRPTA, subject to the exceptions discussed below for (1) distributions on a class of shares that is regularly traded
on an established securities market to a less-than-10% holder of such shares and (2) distributions to “qualified shareholders”
and a “qualified foreign pension funds,” a non-U.S. stockholder is taxed on distributions attributable to gain from sales
of USRPIs as if such gain were effectively connected with a U.S. business of the non-U.S. stockholder. A non-U.S. stockholder thus would
be taxed on such a distribution at the normal capital gains rates applicable to U.S. stockholders, subject to applicable alternative minimum
tax and a special alternative minimum tax in the case of a nonresident alien individual. A non-U.S. corporate stockholder not entitled
to treaty relief or exemption also may be subject to the 30% branch profits tax on such a distribution. Unless the exception described
in the next paragraph applies, we must withhold 21% of any distribution that we could designate as a capital gain dividend. A non-U.S.
stockholder may receive a credit against its tax liability for the amount we withhold.

However, if the applicable class of our stock
is regularly traded on an established securities market in the United States, capital gain distributions on such class of stock that are
attributable to our sale of a USRPI will be treated as ordinary dividends rather than as gain from the sale of a USRPI, as long as the
non-U.S. stockholder did not own more than 10% of the applicable class of our stock at any time during the one-year period preceding the
distribution or the non-U.S. stockholder was treated as a “qualified shareholder” and “qualified foreign pension fund.”
In such a case, non-U.S. stockholders generally will be subject to withholding tax on such capital gain distributions in the same manner
as they are subject to withholding tax on ordinary dividends. We believe that our common stock is regularly traded on an established securities
market in the United States. If our common stock is not regularly traded