Income Tax (Tables)

12 Months Ended

Jun. 30, 2018

Schedule of Local and Foreign Components of Income Before Income Taxes

For the years ended June 30, 2018 and June 30, 2017, the local (United States) and foreign components of income/(loss) before income taxes were comprised of the following:

	June 30, 2018			June 30, 2017
Tax jurisdictions from:
-Local	$	(58,708	)	$	(56,670	)
-Foreign, representing
Anguilla		(1,600	)		(1,600	)
Hong Kong		(6,915	)		(2,494	)
Malaysia		(86,398	)		(52,310	)

Loss before income tax	$	(153,621	)	$	(113,074	)

Schedule of Provision for Income Taxes

The provision for income taxes consisted of the following:

		June 30, 2018		June 30, 2017
Current:
-Local	$	-	$	-
-Foreign, representing Malaysia		-		-
Deferred:
-Local		-		-
-Foreign, representing Malaysia		-		-

Income tax provision	$	-	$	-

Schedule of Deferred Tax Assets

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of June 30, 2018 and 2017:

	As of June 30,
	2018			2017
Deferred tax assets:
Net operating loss carry forwards
- United States of America	$	20,845		$	19,835
- Hong Kong		1,141			412
- Malaysia		15,532			11,992
		37,241			32,239
Less: valuation allowance		(37,241	)		(32,239	)
Deferred tax assets		-			-

HWH International Corp 10-K