Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 291

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 291
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 8,045,683 |     |     |    7,181,230 |
| Total                                          |     | $ |    8,371,683 |     |     |    7,318,688 |

F-36

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) The Income Tax Act of Taiwan (R.O.C.) and Japan allow net losses, as assessed by their respective tax authority, to offset taxable income over a period of ten years for local tax reporting purposes. In contrast, tax losses in Hong Kong can be carried forward indefinitely. In the United States, federal tax losses can be carried forward indefinitely, while state tax losses will expire within a range of 10 to 20 years. Deferred tax assets have not been recognized for these items, as it is not probable that future taxable profit will be available against which the deductible temporary differences can be utilized. As of December 31, 2024, the expiration period for the aforementioned unused loss carryforwards for statutory tax purposes were as follows:

| Jurisdiction  |     | Unused tax loss |            |     | Expiration Year        |
|:--------------|:----|:----------------|-----------:|:----|:-----------------------|
| Taiwan        |     | $               | 35,085,772 |     | 2025~2034              |
| Japan         |     |                 |    701,152 |     | 2025~2034              |
| Hong Kong     |     |                 |    132,495 |     | Indefinite Period      |
| United States |     |                 |  3,102,952 |     | 2036~Indefinite Period |

As of December 31, 2024, The Company’s profitability trend had not yet fully stabilized. The remaining $8,045,683 of the tax losses were not recognized as deferred tax assets, as their recoverability had not yet been determined.

| (c) | Assessments by the tax authorities |

The Company’s primary taxing jurisdiction is Taiwan. The income tax returns of all Taiwan subsidiaries have been examined and assessed by the Taiwan (R.O.C.) tax authorities through 2023. Income tax returns of Taiwanese entities are routinely examined by the tax authorities, and it is possible that a future examination could lead to either a positive or negative adjustment to the Company’s unrecognized tax benefits within the next 12 months. However, management is unable