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Income Taxes
12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
Income Taxes

NOTE 3–INCOME TAXES

 

 

As of December 31, 2012, the Company had a net operating loss carry forward of $181,226 that may be available to reduce future years’ taxable income through 2032.

 

The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before provision for income taxes. The sources and tax effects of the differences for the periods presented are as follows:

 

    December 31, 2012   December 31, 2012  
Deferred tax assets:              
Net operating tax carry-forwards   $ 181,226   $ 165,766  
               
Gross deferred tax asset     181,226     165,766  
Valuation allowance     (181,226 )   (165,766 )
               
Net deferred tax assets   $ -   $ -  

 

Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carry-forwards are expected to be available to reduce taxable income. As the realization of required future taxable income is uncertain, the Company recorded a valuation allowance.