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16 Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)
12 Months Ended
Jun. 30, 2015
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

 

 

Year Ended June 30,

 

 

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

Net operating loss carryforward - China

 

$

1,342,696

 

 

$

3,106,728

 

Net operating loss carryforward - US

 

 

1,935,121

 

 

 

1,705,262

 

Allowance for doubtful accounts

 

 

823,190

 

 

 

(792,888)

 

Others

 

 

808,334

 

 

 

(790,452)

 

 

 

4,909,341

 

 

 

3,228,650

 

Less: valuation allowance- U.S.

 

 

(1,935,121)

 

 

 

(1,705,262)

 

valuation allowance- China.

 

 

(262,610)

 

 

 

(1,523,388)

 

Deferred tax assets

 

$

2,711,610

 

 

$

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