Income Taxes |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Income Taxes | |
| Income Taxes | Note 6 - Income Taxes
The Company is a U.S. entity and is subject to the United States federal income tax. No provision for income taxes in the United States has been made as the Company had no United States taxable income for the period ended June 30, 2026.
The Company is incorporated outside of Singapore but satisfies its annual tax filing obligations in Singapore in respect of income subject to Singapore taxation. The standard corporate income tax rate in Singapore is 17%. No provision for income taxes in Singapore has been recorded for the six months ended June 30, 2026, as the Company had no taxable income during the period. |