TAXES PAYABLE

9 Months Ended

Sep. 30, 2025

NOTE 14 – TAXES PAYABLE

The taxes payable include tax amounts due for stamps, duties, corporate income tax and deferred tax liabilities as noted below:

As of September 30, 2025, and December 31, 2024, taxes payable are $4,004,504 and $3,774,418, respectively. The components of taxes payable are as follows:

	As of September 31, 2025		As of December 31, 2024
Stamps, duties and other taxes	$	2,858,157	$	2,369,595
Corporate income tax payable		1,146,347		1,404,823
Total taxes payable	$	4,004,504	$	3,774,418