TAXES PAYABLES

9 Months Ended

Sep. 30, 2014

TAXES PAYABLES [Text Block]

11.	TAXES PAYABLES
	Taxes payable consisted of the following as of September 30, 2014 and December 31, 2013:

		9/30/2014		12/31/2013
Value added tax payable	$	327,731	$	592,341
Corporate income tax payable		921,192		2,572,663
Employee payroll tax withholding		1,079,049		6,344
Property tax payable		52,767		73,768
Stamp tax payable		1,475		1,485
Business tax payable		163,677		158,921
Land use tax payable		44,020		64,062
Import tariffs		1,824		271
Capital gain tax payable		945,624		952,278
	$	3,537,359	$	4,422,133