v3.26.1
INCOME TAXES (Table)
12 Months Ended
Dec. 31, 2025
INCOME TAXES  
Schedule of income tax expense and recovery

 

 

December 31, 2025

 

 

December 31, 2024

 

Net income (loss)

 

$(42,124)

 

$(47,225)

 

 

 

 

 

 

 

 

 

Statutory and effective tax rate

 

 

21%

 

 

21%

Income tax expense (recovery) at the effective rate

 

 

(8,846)

 

 

(9,917)

Tax benefit (liability) deferred

 

 

8,846

 

 

 

9,917

 

Income tax expense (recovery)

 

$-

 

 

$-

 

  

 

 

December 31, 2025

 

 

December 31, 2024

 

Tax losses carried forward

 

$(225,686)

 

 

(183,562)

 

 

 

 

 

 

 

 

 

Statutory and effective tax rate

 

 

21%

 

 

21%

Deferred tax asset

 

 

(47,394)

 

 

(38,548)

Valuation allowance

 

 

47,394

 

 

 

38,548

 

Net deferred asset

 

$-

 

 

$-