Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 184

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 184
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15.4 | %) |     |      | (8.2 | %) |
| Effective income tax rate                                          |     |                              |  10.2 | %  |     |      | 17.1 | %  |

As of June 30, 2024 and 2023, the significant components of the deferred tax assets and deferred tax liabilities were summarized below:

| Deferred tax assets            |     | As          
 of June 30, 
 2024        |         |   |     | 2023 |         |   |
|:-------------------------------|:----|:------------|--------:|:--|:----|:-----|--------:|:--|
| Tax losses carried forward     |     | $           | 454,243 |   |     | $    | 103,525 |   |
| Allowance for credit losses    |     |             |  26,917 |   |     |      |  32,963 |   |
| Accrued expenses               |     |             |  34,912 |   |     |      |  26,681 |   |
| Lease liabilities              |     |             |       - |   |     |      |   9,816 |   |
| Valuation allowance            |     |             |       - |   |     |      |       - |   |
| Total deferred tax assets      |     | $           | 516,072 |   |     | $    | 172,985 |   |
| Defer tax liabilities          |     |             |         |   |     |      |         |   |
| Right-of-use assets            |     | $           |  (9,549 | ) |     | $    |  (6,975 | ) |
| Total deferred tax liabilities |     | $           |  -9,549 |   |     | $    |  (6,975 | ) |
| Deferred tax assets, net       |     | $           | 506,523 |   |     | $    | 166,010 |   |

| F-17 |

<div align='center'>STAK INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in U.S. dollars, except for number of shares)</div>

NOTE 11 - TAXATION (CONTINUED)

The current PRC EIT Law imposes a 10% withholding income tax for dividends distributed