INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2023

SCHEDULE OF LOCAL AND FOREIGN COMPONENTS OF LOSS BEFORE INCOME TAXES

The loss before income taxes of the Company for the nine months ended September 30, 2023 and 2022 were comprised of the following:

	2023			2022
	For the nine months ended September 30
	2023			2022
Tax jurisdictions from:
– Local	$	(133,939	)	$	(169,263	)

– Foreign, representing:
Labuan		(54,518	)		(84,260	)
Loss before income taxes	$	(188,457	)	$	(253,523	)

SCHEDULE OF PROVISION OF INCOME TAXES

Provision for income taxes consisted of the following:

SCHEDULE OF PROVISION OF INCOME TAXES

	2023		2022
	For the nine months ended September 30
	2023		2022
Current:
–Local	$	-	$	-
–Foreign:		-		-
Deferred:
–Local		-		-
–Foreign		-		-
Income tax expense	$	-	$	-

SCHEDULE OF DEFERRED TAX ASSETS

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of September 30, 2023 and December 31, 2022:

SCHEDULE OF DEFERRED TAX ASSETS

	As of September 30, 2023			As of December 31, 2022
Deferred tax assets:

Cumulative tax credit from operating loss carryforwards
– United States of America	$	86,784		$	59,210
– Labuan		9,937			8,777

Less: valuation allowance		(96,721	)		(67,987	)
Deferred tax assets	$	-		$	-

CATTHIS HOLDINGS CORP 10-Q