XML 36 R26.htm IDEA: XBRL DOCUMENT v3.21.1
PROVISION FOR TAXES (Tables)
3 Months Ended
Mar. 31, 2021
United States [Member]  
Schedule of provision for income taxes

 

 

For the three months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

Net loss before income taxes

 

 

(63,246 )

 

 

(18,716 )

 

 

 

 

 

 

 

 

 

Tax expenses (benefit) at the statutory tax rate

 

 

(13,281 )

 

 

(3,930 )

Tax effect of:

 

 

 

 

 

 

 

 

Valuation allowance

 

 

13,281

 

 

 

3,930

 

Income tax benefit

 

 

-

 

 

 

-

 

Schedule of Deferred Tax Assets and Liabilities

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Deferred tax asset

 

 

 

 

 

 

Net operating losses carry forwards

 

 

538,933

 

 

 

525,652

 

 

 

 

 

 

 

 

 

 

Valuation allowance

 

 

(538,933 )

 

 

(525,652 )

Deferred tax assets, net

 

 

-

 

 

 

-

 

Malaysia [Member]  
Schedule of provision for income taxes

 

 

For the three months ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

Net profit before income taxes

 

 

242,802

 

 

 

519,060

 

 

 

 

 

 

 

 

 

 

Tax expenses (benefit) at the statutory tax rate

 

 

58,272

 

 

 

124,574

 

 

 

 

 

 

 

 

 

 

Tax effects of:

 

 

 

 

 

 

 

 

Utilization of deferred tax assets previously not

 

 

 

 

 

 

 

 

recognized

 

 

(58,272 )

 

 

(124,574 )

Valuation of allowance on deferred tax assets

 

 

-

 

 

 

-

 

Income tax expense (benefit)

 

 

-

 

 

 

-

 

Schedule of Deferred Tax Assets and Liabilities

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Deferred tax asset

 

 

 

 

 

 

Expenses not currently deductible

 

 

-

 

 

 

-

 

Valuation allowance

 

 

-

 

 

 

-

 

Deferred tax assets, net

 

 

-

 

 

 

-