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Income Taxes
12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

Note 7 Income Taxes

 

Income tax recovery differs from that which would be expected from applying the effective tax rates to the net income (loss) as follows:

 

    December 31, 2015     December 31, 2014  
             
Net income (loss) for the period   $ (64,485 )   $ (81,716 )
Statutory and effective tax rates     26.0 %     26.0 %
Income taxes expenses (recovery) at the effective rate   $ (16,766 )   $ (21,246 )
Effect of permanent differences     6,435       5,547  
Benefit not recognized     10,331       15,700  
Income tax expense (recovery) and income tax liability (asset)   $ -     $ -  

 

As at December 31, 2015 the tax effect of the temporary timing differences that give rise to significant components of deferred income tax asset are noted below. A valuation allowance has been recorded as management believes it is more likely than not that the deferred income tax asset will not be realized.

 

    December 31, 2015     December 31, 2014  
             
Tax loss carried forward   $ 382,678     $ 342,943  
                 
Deferred tax assets   $ 99,496     $ 89,165  
Valuation allowance      (99 496)       (89,165 )
                 
Deferred taxes recognized   $ -     $ -  

 

The tax losses will expire between 2016 and 2036.