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12 Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
3 Months Ended
Sep. 30, 2015
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

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

 

 

 

For the Quarter ended September 30,

 

 

2015

 

 

2014

Current

 

$

-

 

 

$

-

Deferred - U.S.

 

 

 

 

 

 

(38,113)

Deferred - China

 

 

1,183,295

 

 

 

(3,046,670)

Valuation allowance - U.S.

 

 

 

 

 

 

38,113

Valuation allowance - China.

 

 

(239,492)

 

 

 

3,046,670

Total

 

$

943,803

 

 

$

-