XML 182 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

Taxes | 12 Months Ended
--- | ---
Dec. 31, 2024
Taxes |
Taxes | Note 20 – Taxes Prepaid taxes Prepaid taxes as of December 31, 2024 and 2023 consisted of the following:
|  | December 31, |  |  | December 31, |
|  | 202 4 |  |  | 202 3 |
Prepaid value-added tax |  | $ | 464,963 |  |  | $ | 494,439 |
Others |  |  | 3,494 |  |  |  | 4,734 |
Total |  | $ | 468,457 |  |  | $ | 499,173 |
Taxes payable Taxes payable as of December 31, 2024 and 2023 consisted of the following:
|  | December 31, |  |  | December 31, |
|  | 202 4 |  |  | 202 3 |
Corporation income tax payable |  | $ | 1,428,586 |  |  | $ | 1,033,043 |
Other tax payable |  |  | 133,055 |  |  |  | 153,914 |
Total |  | $ | 1,561,641 |  |  | $ | 1,186,957 |
Corporation income tax (“CIT”) Tantech BVI was incorporated in the BVI and is not subject to income taxes under the current laws of BVI. EPakia Gohomeway Holding and Gohomeway were incorporated in Delaware and California, United States and are subject to a combined U.S. federal and state statutory income tax rate at 28%. EPakia Canada was incorporated in Alberta, Canada and is subject to a combined federal and provincial statutory income tax rate at 23%. USCNHK Holdings, China East and Euroasia are holding companies registered in Hong Kong and have no operating profit for tax liabilities. The Group’s subsidiaries in the PRC are subject to the statutory rate of 25%, in accordance with the Enterprise Income Tax law (the “EIT Law”), which has been effective since January 1, 2008. The following table reconciles PRC statutory rates to the Group’s effective tax rates for the years ended December 31, 2024, 2023 and 2022:
|  | Years ended December 31, |
|  | 202 4 |  |  | 202 3 |  |  | 202 2 |
Statutory PRC income tax rate |  |  | 25 | % |  |  | 25 | % |  |  | 25 | %
Favorable tax rate impact |  |  | 341 | % |  |  | 3 | % |  |  | 5 | %
Permanent difference and others |  |  | 53 | % |  |  | (4 | )% |  |  | 7 | %
Changes of deferred tax assets valuation allowances |  |  | 79 | % |  |  | 2 | % |  |  | 7 | %
Total |  |  | 498 | % |  |  | 26 | % |  |  | 44 | %
Income tax expense consisted of the following:
|  | Years ended December 31, |
|  | 202 4 |  |  | 202 3 |  |  | 202 2 |
Current |  | $ | 3,111,047 |  |  | $ | 2,364,489 |  |  | $ | 3,141,969 |
Deferred |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 3,111,047 |  |  | $ | 2,364,489 |  |  | $ | 3,141,969 |
Significant components of deferred tax assets are as follows:
|  | December 31, |  |  | December 31, |
|  | 202 4 |  |  | 202 3 |
Deferred tax assets: |  |  |  |  |  |
Allowance for credit losses and other markdown and impairments |  | $ | 1,145,662 |  |  | $ | 1,250,752 |
Valuation allowance |  |  | (1,145,662 | ) |  |  | (1,250,752 | )
Total |  | $ | - |  |  | $ | - |
At December 31, 2024 and 2023, the Group has provided full valuation allowance for deferred tax assets that the Group estimated it could not realize due to expected future operating loss in certain entities. As of December 31, 2024 and 2023, the valuation allowance was $1,145,662 and $1,250,752, respectively. The Group’s management reviews this valuation allowance periodically and makes adjustments as necessary.

X
- References No definition available. + Details
Name: | tanh_TaxesAbstract
Namespace Prefix: | tanh_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for income tax. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 270 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477891/740-270-50-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.5.Q1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480990/946-20-50-13 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/740/tableOfContent Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-14 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-21 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 17 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-17 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482603/740-30-50-2 + Details
Name: | us-gaap_IncomeTaxDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration