Company: LDDD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-108744
Chunk: 192

Company: Longduoduo Co Ltd
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 8
Chunk 192
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 MONTHS ENDED SEPTEMBER 30, 2025
AND 2024

(UNAUDITED)

NOTE
6. INCOME TAXES

United
States

Longduoduo
is subject to the U.S. corporation tax rate of 21%.

British
Virgin Islands

The Company’ subsidiary, LDD, is incorporated
in the BVI and is not subject to tax on income or capital gain. In addition, payments of dividends by LDD to its shareholders are not
subject to withholding tax in the BVI.

Hong
Kong

Longduoduo
HK and LDDJK are incorporated in Hong Kong and are subject to Hong Kong profits tax. They are subject to Hong Kong taxation on its
activities conducted in Hong Kong and income arising in or derived from Hong Kong. From the year of assessment, 2019/2020, onwards, Hong
Kong profits tax rates are 8.25% on assessable profits up to HK$2,000,000, and 16.5% on any part of assessable profits over HK$2,000,000. The
Company did not have any income (loss) subject to the Hong Kong profits tax.

China

Julong and
its subsidiaries are subject to a 25% standard enterprise income tax in the PRC. If the taxable income in the calendar year does not exceed
RMB 3 million, only 25% of the taxable income will be included in the tax base, which is then subject to a preferential tax rate of 20%.
The Company accrued $67,094 and $180 of PRC income tax for the three months ended September 30, 2025 and 2024.

A summary of income (loss)
before income taxes for domestic and foreign locations for the three months ended September 30, 2025 and 2024 is as follows:

    For the Three Months Ended September 30, 

    2025  
    2024 
  
    United States 
    $(96,986) 
    $(109,772)
  
    Foreign 
     52,898  
     50,448 
  
    Loss before income taxes 
    $(44,088) 
    $(59,324)

F-12

LONGDUODUO COMPANY LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED SEPTEMBER 30