Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 214

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 214
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 | $    | (2,068,061 | ) |

A reconciliation between the Company’s actual provision for income taxes and the provision at the Taiwan statutory rate is as follows:

SCHEDULE OF RECONCILIATION OF PROVISION FOR INCOME TAXES

|                                                            |     | For the years ended December 31, 
 2022                             |       2022 |   |     | 2023 |       2023 |   |
|:-----------------------------------------------------------|:----|:---------------------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Loss before income tax expense                             |     | $                                | (1,217,086 | ) |     | $    | (2,068,061 | ) |
| Taiwan statutory tax rate                                  |     |                                  |         20 | % |     |      |         20 | % |
| Computed income tax expense with Taiwan statutory tax rate |     | $                                |   (243,417 | ) |     | $    |   (413,612 | ) |
| Tax effect of different tax rates in other jurisdictions   |     |                                  |    (18,404 | ) |     |      |    (29,619 | ) |
| Tax effect of additional deduction for R&D expenses        |     |                                  |    (47,431 | ) |     |      |    (70,546 | ) |
| Non-deductible expenses                                    |     |                                  |        674 |   |     |      |    110,872 |   |
| Exchange rate effect                                       |     |                                  |     (2,265 | ) |     |      |    (17,054 | ) |
| Prior year true up                                         |     |                                  |          - |   |     |      |     56,362 |   |
| Tax effect on deferred tax allowance                       |     |                                  |    310,843 |   |     |      |    363,597 |   |
| Income tax expense                                         |     | $                                |          - |   |     | $    |          - |   |

| F-41 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

| 17. | TAXATION    
 - Continued |

As of December 31, 2022 and 2023, the significant components of the deferred tax assets are