Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 90

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 90
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not address all aspects of Australian tax law, which may be important to particular investors in light of their investment 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”.

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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 2021/2022 income year and