XML 65 R35.htm IDEA: XBRL DOCUMENT v3.25.2
Income Taxes (Tables)
12 Months Ended
Jun. 30, 2025
Income Taxes [Abstract]  
Schedule of Reconciles the Operating Profit

The income tax provision consists of the following component:

 

   For the years ended
June 30,
 
   2025   2024 
   US$   US$ 
Income tax expense   
    -
    
    -
 

  

The following table reconciles the operating profit to the Company’s effective tax rate:

 

   For the years ended
June 30,
 
   2025   2024 
         
Loss before tax   (3,258,969)   (2,782,278)
Statutory income tax rate   21%   21%
Income tax expense calculated at the statutory tax rate   
-
    
-
 
Effect of tax losses carry forwards   (2,890,755)   (2,019,708)
Effect of subsidiaries foreign income   2,890,755    2,019,708 
Income tax expense   
-
    
-
 
Effective tax rate   
-
%   
-
%

State of Nevada

 

   For the years ended
June 30,
 
   2025   2024 
         
Tax at federal statutory rate   21%   21%
Changes in valuation allowances   (21)%   (21)%
Provision for taxes   
-
%   
-
%

 

Taiwan

 

   For the years ended
June 30,
 
   2025   2024 
         
Tax at federal statutory rate   21%   21%
Different foreign subsidiary tax rate impact   (1)%   (1)%
Changes in valuation allowances   (20)%   (20)%
Provision for taxes   
-
%   
-
%

 

China

 

   For the years ended
June 30,
 
   2025   2024 
         
Tax at federal statutory rate   21%   21%
Different foreign subsidiary tax rate impact   4%   4%
Changes in valuation allowances   (25)%   (25)%
Provision for taxes   
-
%   
-
%

 

Hong Kong

 

   For the years ended
June 30,
 
   2025   2024 
         
Tax at federal statutory rate   21%   21%
Different foreign subsidiary tax rate impact   (12.75)%   (12.75)%
Changes in valuation allowances   (8.25)%   (8.25)%
Provision for taxes   
-
%   
-
%
Schedule of Component of Deferred Tax Assets

The component of deferred tax assets are as follows:

 

  

June 30,

2025

   June 30,
2024
 
   US$   US$ 
         
Net operating losses carry forward   2,890,755    2,019,708 
Valuation allowance   (2,890,755)   (2,019,708)
Deferred tax assets, net   
-
    
-