v3.26.1
Taxes
 6 Months Ended
Dec. 31, 2025
Taxes [Abstract]  
Taxes

Note 7 – Taxes

 

Income tax

 

The income tax provision consisted of the following components:

 

   For the six months ended December 31, 
   2025   2024 
Current:        
Hong Kong  $
      -
   $
        -
 
           
Deferred:          
Hong Kong   
-
    
-
 
Total provision for income taxes   
-
    
-
 

 

The provision for income taxes for interim periods is generally determined using an estimated annual effective tax rate as prescribed by ASC 740-270. The effective tax rate of the Company was 0% for the six months ended December 31, 2025 and 2024. The effective tax rate differs from the statutory rate of 16.5% primarily due to the valuation allowance provisioned for deferred tax assets.