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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Schedule of Federal Effective Tax Rate

The table below summarizes the difference between the U.S. statutory federal tax rate and the Company’s effective tax rate for six months ended June 30, 2023 and 2022:

 

   2023   2022 
   Six months ended June 30, 
   2023   2022 
   (Unaudited) 
U.S. federal income tax rate   21.0%   21.0%
Tax rate difference   4.0%   4.0%
Tax except   -%   -%
Nontaxable items   (11.5)%   -%
GILTI tax   -%   -%
Others   -%   -%
Valuation allowance   (21.0)%   (23.3)%
Effective tax rate   (7.5)%   1.7%