Company: APM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001213900-25-037669
Chunk: 246

Company: Aptorum Group Ltd
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 246
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 were derived from Singapore during the years ended December 31,
2024, 2023 and 2022. Therefore, no Singapore profit tax has been provided for in the periods presented. Our returns for 2020 and subsequent
tax years remain subject to examination by the Singapore tax authority.

United States (Nevada): in accordance with the
relevant tax laws and regulations of the United States, a company registered in the United States is subject to income taxes within the
United States at the applicable tax rate on taxable income. All the United States subsidiaries in Nevada that are not entitled to any
tax holiday were subject to income tax at a rate of21%. The subsidiary in the United States did not have assessable profits that were
derived from the United States during the years ended December 31, 2024, 2023 and 2022. Therefore, no United States profit tax has been
provided for in the periods presented. Our returns for 2021 and subsequent tax years remain subject to examination by Internal Revenue
Service.

The components of the provision for Income taxes expenses are:

                                  Year ended        Year ended        Year ended    
                                  December 31,      December 31,      December 31,  
                                  2024              2023              2022          
  Current                         -                 -                 -             
  Deferred                        -                 -                 -             
 ────────────────────────────────────────────────────────────────────────────────────
  Total income taxes expense      -                 -                 -             

The reconciliation of income taxes expenses computed
at the Hong Kong statutory tax rate applicable to income tax expense is as follows:

                                                                                        Year ended                         Year ended                         Year ended                      
                                                                                        December 31,                       December 31,                       December 31,                    
                                                                                        2024                               2023                               2022                            
  Net loss before tax                                                                   $                 ( 4,157,737      $                 ( 4,340,975      $                 ( 11,525,102  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Provision for income tax benefit at Hong Kong statutory income tax rate ( 16.5%)                          ( 686,027                          ( 716,261                         ( 1,901,642  
  Impact of different tax rates in other jurisdictions                                                       ( 10,814                           ( 16,272                           ( 263,787  
  Non-taxable income                                                                                          ( 5