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

 

 

September 30,

2015

 

 

June 30,

2015

Net operating loss carryforward - China

 

$

106,396

 

 

$

1,342,696

Net operating loss carryforward - US

 

 

1,907,037

 

 

 

1,935,121

Allowance for doubtful accounts

 

 

692,605

 

 

 

823,190

Others

 

 

958,106

 

 

 

808,334

 

 

 

3,664,144

 

 

 

4,909,341

Less: valuation allowance- U.S.

 

 

(1,907,037)

 

 

 

(1,935,121)

valuation allowance- China.

 

 

(22,091)

 

 

 

(262,610)

Deferred tax assets

 

$

1,735,016

 

 

$

2,711,610