Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 292

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 292
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 |      — |   |     |      |  446,786 |   |
| Purchase of subsidiaries shares from non-controlling 
 interest                                             |     |      |      — |   |     |      | (388,002 | ) |
| Declaration of cash dividends                        |     |      |      — |   |     |      |  (20,136 | ) |
| Total                                                |     | $    |  3,462 |   |     |      |    5,988 |   |

| NOTE 17. | Income Taxes |

The Company is incorporated in the Cayman Islands, a tax-freejurisdiction; accordingly, pretax income generated by the Company is not subject to local income tax. The Company’s taxable income primarily arises from its operations in Taiwan (R.O.C.), where the majority of the income tax expenses related to operating activities are incurred, subject to the statutory income tax rate of 20%. Other foreign subsidiaries calculate their income taxes in accordance with the respective local tax laws and regulations.

| (a) | Income tax expense (benefit) recognized in profit or loss |

Income tax expense (benefit) consisted of the following:

|                                                                      |     | 2024 |             |   |     | 2023 |            |   |
|:---------------------------------------------------------------------|:----|:-----|------------:|:--|:----|:-----|-----------:|:--|
| Loss before income tax                                               |     | $    | (10,274,896 | ) |     |      | (6,787,967 | ) |
| Income tax calculated based on local statutory rate                  |     | $    |  (1,653,392 | ) |     |      | (1,175,582 | ) |
| Change in unrecognized temporary differences                         |     |      |     200,152 |   |     |      |    (15,176 | ) |
| Current-year losses for which no deferred tax assets were recognized |     |      |   1,367,559 |   |     |      |  1,168,802 |   |
| Non-deductible expenses                                              |     |      |      92,448 |   |     |      |     15,227 |   |
| Other                                                                |     |      |      (9,383 | ) |     |      |          — |   |
| Income tax benefit                                                   |     | $    |      (2,