INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2013

INCOME TAXES (Tables)

Current Taxes

the Company is and will be subject to the following enterprise income tax rates: 

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

Provision For Income Taxes

The provision for income taxes consisted of the following:

	Three months ended March 31,						Three months ended March 31,
	2013			2012			2013			2012
Current	$	-		$	394,254		$	-		$	959,147
Deferred		(387,983	)		(21,322	)		(656,994	)		(55,634	)
Total income tax (benefit) expense	$	(387,983	)	$	372,932		$	(656,994	)	$	903,513