Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 103

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 103
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 Holder for more than one year. Any capital gain of a non-corporate U.S. Holder that is not long-term
capital gain is taxed at ordinary income rates. The deductibility of capital losses is subject to limitations. Any gain or loss recognized
from the sale or other disposition of our Ordinary Shares will generally be gain or loss from sources within the United States for U.S.
foreign tax credit purposes.

Medicare Tax

Certain U.S. Holders that
are individuals, estates, or trusts and whose income exceeds certain thresholds generally are subject to a 3.8% tax on all or a portion
of their net investment income, which may include their gross dividend income and net gains from the disposition of our Ordinary Shares.
If you are a U.S. person that is an individual, estate, or trust, you are encouraged to consult your tax advisor regarding the applicability
of this Medicare tax to your income and gains with respect to your investment in our Ordinary Shares.

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Information Reporting and Backup Withholding

U.S. Holders may be required
to file certain U.S. information reporting returns with the IRS with respect to an investment in our Ordinary Shares, including, among
others, IRS Form 8938 (Statement of Specified Foreign Financial Assets). As described above under “PFIC Consequences,” each
U.S. Holder who is a shareholder of a PFIC must file an annual report containing certain information. U.S. Holders paying more than US$100,000
for our Ordinary Shares may be required to file IRS Form 926 (Return by a U.S. Transferor of Property to a Foreign Corporation) reporting
this payment. Substantial penalties may be imposed upon a U.S. Holder that fails to comply with the required information reporting.

Dividends on and proceeds
from the sale or other disposition of our Ordinary Shares may be reported to the IRS unless the U.S. Holder establishes a basis for exemption.
Backup withholding may apply to amounts subject to reporting if the holder (i) fails to provide an accurate U.S. taxpayer identification
number or otherwise establish a basis for exemption, or (ii) is described in certain other categories of persons. However, U.S. Holders
that are corporations generally are excluded from these information reporting and backup withholding tax rules.

Backup withholding is not
an additional tax. Any amounts withheld under the backup withholding rules generally will be allowed as a refund or a credit against a
U.S. Holder’s U.S. federal income tax