v3.26.1
10. Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
May 31, 2026
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

2025

 

Computed tax provision at the expected statutory rate

 

$2,317,000  

 

Tax effect of permanent differences:

 

 

 

Research tax credits

 

(489,692) 

 

Foreign-derived intangible income deduction

 

(224,700) 

 

Stock option costs

 

(11,682) 

 

Other permanent differences

 

24,300  

 

Other

 

4,774  

 

 

$1,620,000  

 

Effective income tax rate

 

14.7%