v3.26.1
INCOME TAXES
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 9. INCOME TAXES

 

The reconciliation of income tax benefit at the U.S. statutory rate of 21% for the year ended December 31, 2025 and the year ended December 31, 2024 to the Company's effective tax rate is as follows:

 

          
   December 31, 2025   December 31, 2024 
Loss before income taxes  $(331,073)  $(314,584)
Corporate tax rate   21%   21%
Expected tax expense (recovery)   (69,525)   (66,063)
Difference in tax rate of foreign subsidiary   (6,344)   (5,533)
Permanent difference   9,873    8,085 
Change in valuation allowance   65,996    63,511 
Income tax expense  $-   $- 

 

The Company had non-capital losses of $69,525 and $66,063 as of December 31, 2025 and December 31, 2024, respectively. These non-capital loss carryforwards may be carried forward indefinitely and are available to offset future taxable income, subject to applicable limitations.

 

The Company has evaluated the realizability of its deferred tax assets related to these loss carryforwards and concluded that it is more likely than not that such deferred tax assets will not be realized. Accordingly, a full valuation allowance has been recorded against the deferred tax assets associated with these loss carryforwards.