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TAXES PAYABLE
12 Months Ended
Dec. 31, 2025
Taxes Payable  
TAXES PAYABLE

NOTE 14 – TAXES PAYABLE

 

   December 31,
2025
  December 31,
2024
Land use tax payable  $   $19,318 
Value added tax and other taxes payable   365,499    94,681 
Total  $365,499   $113,999 

 

Of the remaining balance as of December 31, 2025, $259,171 was overdue, as notified by the Tax Bureau in a Tax Matters Notice. The overdue amount was attributable to certain value-added tax invoices issued by the Company's upstream suppliers during 2018 and 2019 that were subsequently identified as abnormal deductions in the tax authorities' system.