XML 29 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes (Tables)
12 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Income Tax Expense

A reconciliation of income tax expense to the amount computed at the statutory rate is as follows:

 

    2016     2015  
Net loss for the year   $ (29,683 )   $ (57,136 )
Statutory tax rate     34 %     34 %
Computed expected (benefit) income taxes     (10,092 )     (19,426 )
Income tax benefit not recognized     10,092       19,426  
    $ -     $ -  

Schedule of Components of Deferred Income Tax Assets

Significant components of deferred income tax assets are as follows:

 

    2016     2015  
Operating losses carried forward   $ 204,000     $ 197,000  
Valuation allowance     (204,000 )     (197,000 )
    $ -     $ -  

Summary of Operating Loss Carryforwards

The following table lists the fiscal year in which the loss was incurred and the expiration date of the operating loss carry forwards:

 

    Amount     Expiration Date
    $ 30,000     2036
      57,000     2035
      54,000     2034
      125,000     2033
      107,000     2032
      88,000     2031
      13,000     2030
      22,000     2029
      68,000     2028
      37,000     2027
Total income tax operating loss carry forward   $ 601,000