Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 355

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 355
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 tax regime. Each company within a corporate group is
taxed as a separate entity. The Company has provided for a full valuation allowance against the deferred tax assets on the expected future
tax benefits from the net operating loss carryforwards as the management believes that it is more likely than not that these assets will
not be realized in the future. The valuation allowance is reviewed annually.

Uncertain tax positions

The Company evaluates the uncertain tax position
(including the potential application of interest and penalties) based on the technical merits, and measure the unrecognized benefits associated
with the tax positions. As of September 30, 2024 and December 31, 2023, the Company did not have any significant unrecognized uncertain
tax positions. The Company incurred and settled minimal interest related to potential underpaid income tax expenses for the nine months
ended September 30, 2024 and did not anticipate any significant increases or decreases in unrecognized tax benefits in the next 12 months
from September 30, 2024.

NOTE 17 — SEGMENT INFORMATION

|                               |     | For the three months ended September 30, 2024 |            |     |          |            |   |     |          |            |   |     |            |         |     |       |             |   |
|:------------------------------|:----|:----------------------------------------------|-----------:|:----|:---------|-----------:|:--|:----|:---------|-----------:|:--|:----|:-----------|--------:|:----|:------|------------:|:--|
|                               |     | Distribution                                  
 Business                                      |            |     | Platform 
 Business |            |   |     | Fintech  
 Business |            |   |     | Healthcare 
 Business   |         |     | Total |             |   |
| Revenue, net                  |     |                                               |            |     |          |            |   |     |          |            |   |     |            |         |     |       |             |   |
| - Interest income             |     | $                                             |          — |     | $        |     60,282 |   |     | $        |          — |   |     | $          |       — |     | $     |      60,282 |   |
| - Non-interest income         |     |                                               |  4,701,151 |     |          |    678,493 |   |     |          |          —