Income Taxes (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2017

Jun. 30, 2017

Income Taxes [Abstract]

Schedule of effective income tax rate reconciliation

	For the years ended  June 30,
	2017			2016
	%			%
U.S. statutory tax rate		34.0			34.0
U.S. permanent difference		3.9			(11.0	)
Change in valuation allowance		(39.9	)		(105.9	)
Rate differential in foreign jurisdiction		(13.1	)		25.0
Other		-			3.3
		(15.1	)		(54.6	)

Schedule of income tax benefit (expense)

	For the three months ended December 31,						For the six months ended December 31,
	2017			2016			2017			2016
Current
USA	$	-		$	-		$	(60,162	)	$	-
Hong Kong		(5,113	)		(27,576	)		(9,422	)		(34,101	)
China		(118,867	)		(45,815	)		(250,925	)		(110,911	)
One-time transition tax on accumulated foreign earnings		(478,499	)		-			(478,499	)		-
		(602,479	)		(73,391	)		(799,008	)		(145,012	)
Deferred
USA		1,173,600			-			1,073,700			-
Total income tax benefit (expense)	$	571,121		$	(73,391	)	$	274,692		$	(145,012	)

	For the years ended  June 30,
	2017			2016
Current
USA	$	-		$	-
Hong Kong		(70,958	)		23,287
China		(206,358	)		(555,280	)
		(277,316	)		(531,993	)
Deferred
USA		749,400			(280,600	)
		749,400			(280,600	)
Total income tax benefit (expense)	$	472,084		$	(812,593	)

Schedule of deferred tax assets

	December 31,			June 30,
	2017			2017
Allowance for doubtful accounts	$	333,000		$	106,000
Stock-based compensation		687,000			790,000
Net operating loss		1,316,000			1,464,000
Total deferred tax assets		2,336,000			2,360,000
Valuation allowance		(512,900	)		(1,610,600	)
Deferred tax assets, net - long-term	$	1,823,100		$	749,400

	For the years ended  June 30,
	2017			2016
Allowance for doubtful accounts	$	106,000		$	112,000
Stock-based compensation		790,000			735,000
Net operating loss		1,464,000			3,752,000
Total deferred tax assets		2,360,000			4,599,000
Valuation allowance		(1,610,600	)		(4,599,000	)
Deferred tax assets, net - long-term	$	749,400		$	-

Schedule of income taxes payable

	December 31,		June 30,
	2017		2017
VAT tax payable	$	552,144	$	520,436
Corporate income tax payable		2,079,776		1,290,832
Others		67,036		74,948
Total		2,698,956		1,886,216
Less: current portion		2,258,737		1,886,216
Income tax payable - noncurrent portion	$	440,219	$	-

	June 30,		June 30,
	2017		2016
VAT tax payable	$	520,436	$	475,066
Corporate income tax payable		1,290,832		1,100,380
Others		74,948		61,751
Total	$	1,886,216	$	1,637,197