Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024295
Chunk: 166

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B3
Chunk 166
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 | ) |     | $    | 96,097 |   |
| U.S. federal statutory tax rate (21%)   |     |              | (166,137 | ) |     |      | 20,180 |   |
| Foreign income taxed at different rates |     |              |   (1,910 | ) |     |      |      — |   |
| Non-taxable income                      |     |              |  (39,041 | ) |     |      |  2,381 |   |
| Non-deductible expenses                 |     |              |  118,741 |   |     |      |      — |   |
| Valuation allowance adjustments         |     |              |   88,913 |   |     |      | (6,376 | ) |
| Over provision of prior year            |     |              |   (4,597 | ) |     |      |      — |   |
|                                         |     | $            |   (4,031 | ) |     | $    | 16,185 |   |

The effective tax rate in the year presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rate. The Company’s subsidiaries mainly operate in United States-Nevada, Indonesia, Singapore, Malaysia and Vietnam that are subject to taxes in the jurisdictions in which they operate, as follows:

United States

The Company is registered in the Nevada and is subject to the State and Federal tax laws of United States. As of December 31, 2024 and December 31, 2023, no operating losses which can be carried forward to offset future taxable income.

Vietnam

MLTCL and VITS operating in Vietnam is subject to the Vietnam Income Tax at a standard income tax rate of 20% during its tax year.

As of December 31, 2024 and 2023, MLTCL incurred $675,745 and $587,100, respectively, of cumulative net operating losses which can be carried forward to offset future taxable income. The net operating loss generated in a tax year can be carried forward for five (5) years. The net operating losses starts to expire in 2021 until 2026. The Company has provided for a full valuation allowance against the deferred tax assets of $135,149 as of December 31, 2024 and $117,420 as of December 31, 2023 on the expected future tax