INCOME TAXES

6 Months Ended

Jun. 30, 2025

NOTE 5 – INCOME TAXES

The Company files income tax returns in the U.S. federal jurisdiction. The Company is not currently under examination by the Internal Revenue Service or any state income tax authorities.

The following table reconciles the statutory rates to the Company’s effective tax rate for three and six months ended June 30, 2025 and 2024:

	For the Three Months						For the Six Months
	Ended June 30,						Ended June 30,
	2025			2024			2025			2024
Statutory tax benefit		(21	)%		(21	)%		(21	)%		(21	)%
Change in deferred tax asset valuation allowance		21	%		21	%		21	%		21	%
Provision for income taxes		-	%		-	%		-	%		-	%

- Definition

The entire disclosure for income tax.

+ References

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+ Details

Nongfu Shop Digital New Retail Co., Ltd 10-Q