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12 Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
9 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

The provisions of income taxes (credit) are summarized as follows:

 

 

 

For nine months ended March 31,

 

 

2015

 

 

2014

Current

 

$

-

 

 

$

-

Deferred - U.S.

 

 

(38,113)

 

 

 

(68,510 )

Deferred - China

 

 

(2,617,521)               

 

 

 

(1,460,356 )

Valuation allowance - U.S.

 

 

38,113

 

 

 

68,510

Valuation allowance - China.

 

 

2,117,201

 

 

 

1,460,356

Total

 

$

-

 

 

$

-