Company: NUTR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023401
Chunk: 115

Company: NUSATRIP Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 115
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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.

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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, 2025, the Company’s subsidiary operations in the Vietnam incurred $53,924 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 $8,727 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.

Indonesia

The
Company’s subsidiary is registered in Indonesia and is subject to the tax laws of Indonesia at a standard income tax rate of 22%
during its tax year.

As
of September 30, 2025, the the Company’s subsidiary operations in the Indonesia incurred $29,972 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.

China

The
Company’s subsidiary is registered in China and is subject to the tax laws