XML 48 R33.htm IDEA: XBRL DOCUMENT v3.23.1

Income Taxes (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2023

Dec. 31, 2022

Income Taxes [Abstract]

Schedule of income tax expense

		Three months Ended March 31,
		2023				2022
		(Unaudited)
Current:
Federal		$	-			$	-
State			-				-
Foreign			-				-
Total Current		$	-			$	-
Deferred:
Federal		$	-			$	-
State			-				-
Foreign			-				(86,867	)
Total Deferred		$	-			$	(86,867	)
Total provision for income taxes		$	-			$	(86,867	)

		Year Ended December 31,
		2022				2021
Current:
Federal		$	-			$	-
State			2,400				800
Foreign			-				-
Total Current		$	2,400			$	800
Deferred:
Federal		$	-			$	-
State			-				-
Foreign			795,378				(187,055	)
Total Deferred		$	795,378			$	(187,055	)
Total provision for income taxes		$	797,778			$	(186,255	)

Schedule of deferred tax assets (liability)

		March 31, 2023				December 31,  2022
		(Unaudited)
Loss on impairment of Assets			716,313				709,961
Net operating loss carryforwards			6,981,132				5,866,623
Operating lease liabilities			213,482				213,482
Operating lease assets			(213,482	)			(213,482	)
Deferred tax assets, Gross			7,697,445				6,576,584
Valuation allowance			(7,579,254	)			(6,459,474	)
Deferred tax assets, net		$	118,191			$	117,110

		December 31,				December 31,
		2022				2021
Loss on impairment of Assets			709,961				741,390
Net operating loss carryforwards			5,866,623				2,801,363
Tax credit of investment			-				698,187
Operating lease liabilities			213,482				-
Operating lease assets			(213,482	)			-
Deferred tax assets, Gross			6,576,584				4,240,940
Valuation allowance			(6,459,474	)			(3,259,028	)
Deferred tax assets, net			117,110				981,912

X

- References

No definition available.

+ Details

Name:	abvc_IncomeTaxesTablesLineItems
Namespace Prefix:	abvc_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration