2.4.0.8000170 - Disclosure - Note 12 - Income Taxestruefalsefalse1false falsefalseD121001_130630http://www.sec.gov/CIK0001415917duration2012-10-01T00:00:002013-06-30T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_IncomeTaxDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Note 12 Income Taxes   The Companys subsidiaries are governed by the Income Tax Law of the Peoples Republic of China, their income is taxed at the 25% statutory rate.   <div style='page:WordSection5'> As of June 30, 2013, net operating loss carry forwards for United States and China income tax purposes amounted to $2,439,820, which may be available to reduce future years' taxable income. These carry forwards will expire, if not utilized, beginning in 2028 through 2033 for U.S tax purpose and 2017 for China income tax purposes. Management believes that the realization of the benefits arising from the losses recognized in the US is uncertain due to the Company's business operations being primarily conducted in China and foreign income is not recognized in the United States for federal income tax purposes. It is also uncertain that the China business operations will generate taxable income in the future. Accordingly, the Company has provided a 100% valuation allowance as of the balance sheet dates, for the temporary differences related to the loss carry-forwards.   The following table reconciles the changes in deferred tax asset for the nine months ended June 30, 2013 and 2012:   <table border="0" cellspacing="0" cellpadding="0" style='margin-left:83.4pt;border-collapse:collapse'> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="142" valign="bottom" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> June 30, 2013 </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> June 30, 2012 </td> </tr> <tr style='height:5.4pt'> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'> United States: </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'>   </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'>   </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Deferred tax asset-beginning </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> $   658,622 </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> $    658,622 </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Addition: loss carry-forward </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>   195,315 </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> 177,507 </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Valuation allowance-beginning </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> (658,622) </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> (658,622) </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Addition: valuation allowance </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>  (195,315) </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'>      (177,507) </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Deferred tax asset net </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> $              - </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> $               - </td> </tr> </table>   <table border="0" cellspacing="0" cellpadding="0" style='margin-left:83.4pt;border-collapse:collapse'> <tr style='height:5.4pt'> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'> China: </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'>   </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt;height:5.4pt'>   </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Deferred tax asset-beginning </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> $  185,246 </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> $               - </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Addition: loss carry-forward </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>   149,096 </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> 205,296 </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Valuation allowance-beginning </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> (185,246) </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> - </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Addition: valuation allowance </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>    (149,096) </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'>  (205,296) </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="246" valign="top" style='width:184.25pt;padding:0in 5.4pt 0in 5.4pt'> Deferred tax asset net </td> <td width="142" valign="top" style='width:106.3pt;padding:0in 5.4pt 0in 5.4pt'> $              - </td> <td width="142" valign="top" style='width:106.35pt;padding:0in 5.4pt 0in 5.4pt'> $               - </td> </tr> </table>   The Companys open tax years for its federal and state income tax returns are for the tax years after 2009. These tax returns are subject to examination by the tax authorities.  </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 false0Note 12 - Income TaxesfalseNote 12 - Income TaxesUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://annoxbrl.com/20130630/role/idr_DisclosureNote12IncomeTaxes12