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INCOME TAXES (Details)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
U.S. expected federal income tax benefit 35.00% 35.00% 35.00% 35.00%
U.S state, local tax net of federal benefit 10.90% 10.90% 10.90% 10.90%
U.S. permanent difference (0.60%) (0.20%) (0.60%) (0.20%)
U.S. temporary difference (45.30%) (45.70%) (45.30%) (45.70%)
Permanent difference related to other countries 70.10% 36.40% 81.10% 46.90%
PRC statutory income tax expense (25.00%) (25.00%) (25.00%) (25.00%)
Hong Kong statutory income tax rate (16.50%) (16.50%) (16.50%) (16.50%)
Hong Kong income tax benefit 16.50% 16.50% 16.50% 12.10%
Total tax benefit 45.10% 11.40% 56.10% 17.50%