Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 189

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 189
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31, 2024, the tax years ended December 31, 2018 through 2024 for FST are generally subject to examination by the Taiwan tax authorities. United States FST American, Inc. is subject to a federal statutory income tax rate of 21% and respective state income tax rates. The subsidiary is subject to a global intangible low -taxedincome tax (“GILTI”), which is a tax on certain off -shoreearnings at an effective rate of 10.5% (increasing to 13.125% for tax years beginning after December 31, 2025) with a partial offset for foreign tax credits.

F-28

FST Corp. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (In U.S. dollars, except for share and per share data, or otherwise noted) 12.INCOME TAXES (cont.) The state corporate income tax rate in California, Colorado and Arizona are 9.93%, 4.55% and 4.90%, respectively. FST America, Inc. files income tax returns in the U.S. federal jurisdiction and various state jurisdictions and is generally subject to examination by U.S. federal (or state and local) income tax authorities for three years from the filing of a tax return. Japan FST Japan LLC was mainly subject to Japanese national and local income taxes, inhabitant tax, and enterprise tax, which, in the aggregate, represent a statutory income tax rate of approximately 23.2% for the years ended December 31, 2024 and 2023, respectively. FST Japan LLC is subject to taxation and files income tax returns in Japan. Tax years for the periods ended December 31, 2019 and subsequent years remain open to examination by the tax authority. A reconciliation between the Group’s reported income tax expense (benefit) and the income tax expense (benefit) at the Taiwan statutory income tax rate of 20% for distributed earnings, where the Group’s major operations are based, is as follows:

|                                                              |     | For the years ended 
 December 31,        
 2024                |            |    |     | 2023          
 (As Restated) |            |   |
|:-------------------------------------------------------------|:----|:--------------------|-----------:|:---|:----|:--------------|-----------:|:--|
| Loss before income tax expense                               |     | $                   | (2,778,929 | )  |     | $