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INCOME TAXES (TABLES)
3 Months Ended
Mar. 31, 2015
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 Tax Rate

Year

 

 

2014

 

15%

2015

 

15%

2016

 

15%

2017

 

25%

Thereafter

 

25%

Provision For Income Taxes

The provision for income taxes consisted of the following:

 

 

 

Three months ended March 31,

 

 

 

2015

 

 

2014

 

Current

 

$

-

 

 

$

-

 

Deferred

 

 

(19,284

)

 

 

(19,347

)

Total income tax (benefit) expense

 

$

(19,284

)

 

$

(19,347

)