v3.26.1
TAXES PAYABLE
6 Months Ended
Jun. 30, 2026
TAXES PAYABLE  
TAXES PAYABLE

NOTE 14 – TAXES PAYABLE

 

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

 

As of June 30, 2026, and December 31, 2025, taxes payable are $4,289,807 and $5,011,261, respectively. The components of taxes payable are as follows:

 

 

 

As of

June 30,

2026

 

 

As of

December 31,

2025

 

Stamps, duties and other taxes

 

 

3,206,027

 

 

 

3,645,241

 

Corporate income tax payable

 

 

1,083,780

 

 

 

1,366,020

 

Total taxes payable

 

$4,289,807

 

 

$5,011,261