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Note 12 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Sep. 30, 2016
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

 

2016

 

2015

 

 

 

 

 

 

 

 

 

(2,826,227)

 

(4,372,448)

 

Statutory Federal income tax rate

 

35%

 

35%

 

 

 

 

 

 

 

Expected income tax benefit based on statutory rate

$

(989,179)

$

(1,530,000)

 

Permanent differences

 

150,413

 

27,000

 

Effect of state taxes

 

(7,036)

 

(105,000)

 

Effect of tax rate changes

 

-

 

-

 

Non-recognition due to increase in valuation allowance

 

739,681

 

1,608,000

 

Other

 

37,136

 

-

 

Total income tax benefit

$

(68,985)

$

-