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Note 15 - Provision For Income Taxes: Schedule of Components of Income Tax Expense (Tables)
6 Months Ended
Jun. 30, 2013
Tables/Schedules  
Schedule of Components of Income Tax Expense

 

 

Six months ended June 30,

 

2013

2012

 

Amount

%

Amount

%

 

 

 

 

 

(Loss)/Income before provision for income taxes

$(362,612)

 

546,944

 

 

 

 

 

 

Expected PRC income tax expense at statutory tax rate of 25%

(90,653)

(25.0)

136,736

25.0

Utilization of tax loss brought forward

-

-

(136,736)

(25.0)

Tax losses not recognized as deferred tax assets

$90,653

25.0

-

-

Provision for Income Taxes

-

-

-

-