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Income Taxes

3 Months Ended

Mar. 31, 2014

NOTE 4 - INCOME TAXES

As of March 31, 2014 the Company had a net operating loss carry forward of $189,293 that may be available to reduce future years’ taxable income through 2034.

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:

	As of March 31, 2014
Deferred tax assets:		—
Net operating tax carry-forwards	$	189,293
Gross deferred tax asset		189,293
Valuation allowance		(189,293	)
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 achievement of required future taxable income is uncertain, the Company recorded a valuation allowance.

- Definition

The 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.

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