v3.25.2
Taxes (Tables)
6 Months Ended
Jun. 30, 2025
Taxes [Abstract]  
Schedule of Components of the Income Tax Provision The components of the income tax provision are as follows:
   Three months ended
June 30,
2025
   Three months ended
June 30,
2024
 
Current income tax expenses  $
     -
    2,383 
Total provision for income taxes   
-
    2,383 

 

   Six months ended
June 30,
2025
   Six months ended
June 30,
2024
 
Current income tax expenses  $
     -
    5,545 
Total provision for income taxes   
-
    5,545 
Schedule of statutory rates to the Group’s income tax expenses The following table reconciles Australia statutory rates to the Group’s income tax expenses:
   Three months ended
June 30,
2025
   Three months ended
June 30,
2024
 
(Loss)/income before tax  $(9,920)   2,114 
Australia statutory income tax rate   25%   25%
Provision for income taxes   (2,480)   529 
Non-taxable income taxes   2,805    (168)
Non-deductible expenses   4,315    2,022 
Change in valuation allowance   615    (874)
Others   (5,255)   874 
Income tax expenses  $
-
    2,383 

 

  

Six months

ended
June 30,

2025

   Six months ended
June 30,
2024
 
(Loss)/income before tax  $(22,722)   8,662 
Australia statutory income tax rate   25%   25%
Provision for income taxes   (5,681)   2,165 
Non-taxable income taxes   (6,402)   (119)
Non-deductible expenses   4,315    3,499 
Change in valuation allowance   21,392    (1,832)
Others   (13,624)   1,832 
Income tax expenses  $
-
    5,545 
Schedule of Tax Loss Carry-Forwards

As of June 30, 2025, the amount of tax loss carry-forwards of the Group was as following:

 

Location  June 30,
2025
 
Neveda  $
-
 
Australia   49,237 
Taiwan   137,566 
   $186,803 
Schedule of Taxes Payable

Taxes payable consist of the following:

 

   June 30,
2025
   December 31,
2024
 
Income tax payable  $14    13 
Value- added tax payable   
-
    2,461 
   $14    2,474