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12. Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
9 Months Ended
Mar. 31, 2017
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

 

Nine months ended        March 31,

 

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

Tax at U.S. Statutory rate

 

$

309,093

 

 

$

285,734

 

Tax rate difference between China and U.S.

 

 

(611,671)

 

 

 

(452,530)

 

Change in Valuation Allowance

 

 

295,858

 

 

 

111,879

 

Net operating loss expired

 

 

-

 

 

 

-

 

Stock and option compensation

 

 

6,720

 

 

 

54,917

 

Impairment loss on goodwill

 

 

-

 

 

 

-

 

Effective tax rate

 

$

-                        

 

 

$

-