Company: SDAWW
Filing Date: 2025-10-27
Form Type: 6-K
Source: 0001213900-25-102611
Chunk: 43

Company: SunCar Technology Group Inc.
Filing Date: 2025-10-27
Form: 6-K
Chunk 43
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| Transaction fees (2)                       |     |                          |      53 |   |     |      |     15 |   |
| Adjusted EBITDA                            |     |                          |   6,040 |   |     |      |  2,542 |   |
| Net loss Margin                            |     |                          |   -29.6 | % |     |      |   -2.5 | % |
| Adjusted EBITDA Margin                     |     |                          |     3.0 | % |     |      |    1.1 | % |

| (1) | Non-cash expense related to compensation costs for equity classified awards by the subsidiary. |

| (2) | Includes non-recurring transaction related fees and expenses associated with the Company’s capital raises. |

Taxation Cayman Islands Under the current laws of the Cayman Islands, we are not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed. British Virgin Islands Our subsidiaries incorporated in the BVI are not subject to taxation in the British Virgin Islands. 9 Hong Kong According to Tax (Amendment) (No. 3) Ordinance 2018 published by Hong Kong government, form April 1, 2018, under the two-tiered profits tax rates regime, the profits tax rate for the first HKD2 million of assessable profits will be lowered to 8.25% (half of the rate specified in Schedule 8 to the Inland Revenue Ordinance (IRO)) for corporations, and the remaining profits will continue to be taxed at the existing tax rate, 16.5%. No provision for Hong Kong profits tax had been made to China Auto Market Group Ltd., a subsidiary of us, during the six months ended June 30, 2024 and 2025 as it did not have assessable profit during the periods presented. PRC Generally, our subsidiaries, which are considered PRC resident enterprises under PRC tax law, are subject to enterprise income tax on their worldwide taxable income as determined under PRC tax laws and accounting standards at a rate of 25%. According to Taxation [2022] No. 13 which was effective from January 1, 2022 to December 31, 2024, a small-scale and low-profit enterprise receives a tax preference including a preferential tax rate of 5% on its taxable income between RMB1