Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 147

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 147
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|:----------------------------------------------------------------|:----|:-----------------------------|---------:|:--|:----|:-----|------:|:--|
| (Loss) Profit before income taxes                               |     | $                            | (198,054 | ) |     | $    |   490 |   |
| Statutory income tax rate                                       |     |                              |    16.5% |   |     |      | 16.5% |   |
| Income tax (credit) / expense computed at statutory income rate |     |                              |  (32,679 | ) |     |      |    82 |   |
| Reconciling items:                                              |     |                              |          |   |     |      |       |   |
| Non-taxable income                                              |     |                              |      (15 | ) |     |      |   (72 | ) |
| Others                                                          |     |                              |    3,601 |   |     |      |   511 |   |
| Valuation allowance on deferred tax assets                      |     |                              |   37,915 |   |     |      | 1,288 |   |
| Income tax expense                                              |     | $                            |    8,822 |   |     | $    | 1,809 |   |

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 March 31, 2025, the Company had an unused net
operating loss carryforward of approximately $641,600 for income tax purposes. This net operating loss carryforward may result in future
income tax benefits of approximately $105,863.

At December 31, 2024, the Company had an unused
net operating loss carryforward of approximately $404,802 for income tax purposes. This net operating loss carryforward may result in
future income tax benefits of approximately $66,793.

| NOTE 21 | SUBSEQUENT EVENTS |

The Company has evaluated all transactions and
events after the balance sheet date and has determined that no additional disclosures are required.

| F-16 |

Report of Independent Registered Public Accounting Firm

To the Stockholders and the Board of Directors
of International Endeavors Corporation.

Opinion on the Financial Statements

We have audited the accompanying consolidated
balance sheets of International Endeavors Corporation and