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Income Tax
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
INCOME TAX

NOTE 12 – INCOME TAX

 

The United States of America

 

Logiq, Inc. is incorporated in the State of Delaware in the U.S., and is subject to a gradual U.S. federal corporate income tax of 21%. The Company generated no taxable income for the year ended December 31, 2021 and 2020, and which is subject to U.S. federal corporate income tax rate of 21% and 21%, respectively.

 

   As of
December 31,
2021
   As of
December 31,
2020
 
U.S. statutory tax rate   21.00%   21.00%
Effective tax rate   21.00%   21.00%

 

DATALogiq business segment (Logiq, Inc. (Nevada) formerly known as Origin8, Inc.)

 

As of December 31, 2021, this company does not have any deferred tax asset.