TAXES (Tables)

12 Months Ended

Jun. 30, 2024

SCHEDULE OF DEFERRED INCOME TAXES ASSETS AND LIABILITIES

The following table sets forth the significant components of the deferred tax assets and liabilities of the Company as of June 30, 2024 and 2023:

	June 30, 2024			June 30, 2023
Deferred tax assets on
Net operating loss carryforwards:
- United States	$	26,009		$	264,755
- Taiwan		-			55,147
- Hong Kong		437			365
- PRC		-			594,625
Total		26,446			914,892
Less: valuation allowance		(26,446	)		(914,892	)
Deferred tax assets, net	$	-		$	-

UNITED STATES

SCHEDULE OF EFFECTIVE INCOME TAX RATE

The reconciliation of income tax rate to the US effective income tax rate based on income before income taxes for the years ended June 30, 2024 and 2023 are as follows:

	Years ended June 30,
	2024			2023
Income (Loss) before income taxes	$	3,004,713		$	(780,326	)
Statutory income tax rate		630,990			(163,868	)
Tax rate difference		(92,355	)		(17,536	)
Valuation allowance		(384,436	)		181,405
Income tax expense	$	154,199		$	-