Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 171

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 19
Chunk 171
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 years ended December 31,                      
                                   2022                                  2023      2024  
 ─────────────────────────────────────────────────────────────────────────────────────────
  Current income tax expense       $                                     $         $     
  Deferred income tax benefit                                                            
  Total income tax expense         $                                     $         $     

Loss
before provision for income taxes is attributable to the following geographic locations for the years ended December 31, 2022, 2023 and
2024:

SCHEDULE
OF LOSS BEFORE INCOME TAX

                                      For the years ended December 31,                                                                         
                                      2022                                                   2023                       2024                   
  Taiwan                              $                                       ( 859,741      $         ( 1,080,901      $           ( 524,817  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  PRC                                                                         ( 357,345                  ( 915,690                ( 2,072,174  
  Others                                                                              -                   ( 71,470                  ( 560,004  
  Total loss before income taxes      $                                     ( 1,217,086      $         ( 2,068,061      $         ( 3,156,995  

MKDWELL
TECH INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, except share and per share data)

  18.      TAXATION     
           - Continued  
 ────────────────────────

A
reconciliation between the Company’s actual provision for income taxes and the provision at the Taiwan statutory rate is as follows:

SCHEDULE
OF RECONCILIATION OF PROVISION FOR INCOME TAXES

                                                                  For the years ended December 31,                                                                         
                                                                  2022                                                   2023                       2024                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Loss before income tax expense                                  $                                     ( 1,217,086      $         ( 2,068,061      $         ( 3,156,995  
  Taiwan statutory tax rate                                                                                      20                         20                         20  
  Computed income tax expense with Taiwan statutory tax rate      $                                       ( 243,417      $           ( 413,612      $           ( 631,399  
  Tax effect of different tax rates in other jurisdictions                                                 (