Note 15 - (Income Tax Income)/Provision for Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

May. 31, 2015

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the expected tax with the actual tax expense is as follows:

	2015	2014
Income before provision for income taxes	$(1,222,542)	$1,190,068
Expected PRC income tax expense at statutory tax rate of 25%	(305,636)	297,517
Different tax rate for PRC/Hong Kong local authority	9,649	29,058
Expenses not deductible for tax	241,114	24,566
Income not subject to tax	(34,449)	(301,875)
Overprovision in prior year	-	(112,110)
Utilization of tax loss brought forward	(105)	(69,447)
Tax loss not provided for deferred tax	157,429	27,929
Total	$68,002	$(104,362)