8. INCOME TAXES

The components of income (loss) before income taxes, after adjusting the income (loss) for non-controlling interests, are as follows:

	Three months ended						Nine months ended
	June 30,						June 30,
	2014			2013			2014			2013

United States	$	(710,000	)	$	(1,428,000	)	$	(2,949,000	)	$	(3,730,000	)
Canada	705,000			254,000			2,121,000			(4,470,000		)

	$	(5,000	)	$	(1,174,000	)	$	(828,000	)	$	(8,200,000	)

The components of the income tax provision (benefit) are as follows:


	Three months ended						Nine months ended
	June 30,						June 30,
	2014			2013			2014			2013

Current	$	344,000		$	(409,000	)	$	887,000		$	(65,000	)
Deferred	(133,000		)	460,000			(225,000		)	(1,220,000		)

	$	211,000		$	51,000		$	662,000		$	(1,285,000	)

Consolidated taxes do not bear a customary relationship to pretax results due primarily to the fact that Canadian income taxes are not sheltered by U.S. source losses, Canadian income taxes are not estimated to have a current or future benefit as foreign tax credits or deductions for U.S. tax purposes, and U.S. consolidated net operating losses are not estimated to have any future U.S. tax benefit prior to expiration.

In May 2014, the Canada Revenue Agency notified Barnwell that the examination of Barnwell’s Canadian federal income tax returns for fiscal 2010 and 2011 was completed with no adjustments.