Company: IDVV
Filing Date: 2025-09-18
Form Type: 10-12G/A
Source: 0001683168-25-007099
Chunk: 187

Company: ModuLink Inc.
Filing Date: 2025-09-18
Form: 10-12G/A
Chunk 187
---
     | $    | (55,000  | ) |     | $    |       – |   |
| United States          |     |      | (26,429  | ) |     |      | (15,960 | ) |
| Hong Kong              |     |      | (164,268 | ) |     |      |  34,054 |   |
|                        |     | $    | (245,697 | ) |     | $    |  18,094 |   |

The provision for income taxes consisted for the
years ended December 31, 2024 and 2023 was as follows:

|                                                                 |     | 2024 |          |   |     | 2023 |        |   |
|:----------------------------------------------------------------|:----|:-----|---------:|:--|:----|:-----|-------:|:--|
| (Loss) Profit before income taxes                               |     | $    | (245,697 | ) |     | $    | 18,094 |   |
| Statutory income tax rate                                       |     |      |    16.5% |   |     |      |  16.5% |   |
| Income tax (credit) / expense computed at statutory income rate |     |      |  (40,540 | ) |     |      |  2,986 |   |
| Reconciling items:                                              |     |      |          |   |     |      |        |   |
| Non-taxable income                                              |     |      |     (346 | ) |     |      |   (121 | ) |
| Valuation allowance on deferred tax assets                      |     |      |   66,521 |   |     |      |    247 |   |
| Others                                                          |     |      |   12,046 |   |     |      |  2,248 |   |
| Income tax expense                                              |     | $    |   37,681 |   |     | $    |  5,360 |   |

Under Hong Kong tax laws, deferred tax assets
are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits
is probable. These tax losses do not expire under current Hong Kong tax legislation.

At December 31, 2024, the Company had an unused
net operating loss carryforward of approximately $404,802 for income tax purposes