Note 14 - Taxes Payable

12 Months Ended

Apr. 30, 2016

Notes

Note 14 - Taxes Payable

NOTE 14 – TAXES PAYABLE

Taxes payable at the balance sheet dates are summarized as follows:

	2016	2015
Income tax payable	$992,222	$487,044
Business tax and other tax payables	(19,995)	169,198
Total	$972,227	$656,242

Business tax represents PRC sales tax imposed upon the Company's services provided in the PRC.  Tax rates range from 3% to 6% depending on the nature of the taxable activities.

Income tax represents PRC income tax. The provision for PRC income tax is based on a statutory rate of 25% of the assessable income of the PRC subsidiaries as determined in accordance with the relevant income tax rules and regulations of the PRC.