12 Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

3 Months Ended

Sep. 30, 2015

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

	For the Quarter ended September 30,
	2015		2014
Tax at U.S. Statutory rate	$	802,282	$	(842)
Tax rate difference between China and U.S.		(604,938)		(3,083,941)
Change in Valuation Allowance		(239,492)		3,084,783
Net operating loss expired		-		-
Stock and option compensation		42,148		-
Effective tax rate	$	-	$	-