INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2012

INCOME TAXES (Tables)

Current Taxes

Under current tax law in the PRC, the Company is and will be subject to the following enterprise income tax rates:

	Enterprise Income
Year	Tax Rate
2012	15%
2013	15%
2014 and after	25%

Provision For Income Taxes

The Provision For Income Taxes consisted of the following:

	Three months ended September 30,					Nine months ended September 30,
	2012			2011		2012			2011
Current	$	256,421		$	876,447	$	1,215,568		$	2,602,326
Deferred		(11,969	)		51,398		(67,603	)		67,789
Total income tax expense	$	244,452		$	927,845	$	1,147,965		$	2,670,115