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Income Taxes
12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

NOTE 3 - INCOME TAXES


 

As of December 31, 2015, the Company had a net operating loss carry forward of $213,475 that may be available to reduce future years’ taxable income through 2035.

 

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
December 31, 2015
    As of
December 31, 2014
 
Deferred tax assets:                
Net operating tax carry-forwards   $ 213,475       207,485  
                 
Gross deferred tax asset     213,475       207,485  
Valuation allowance     (213,475 )     (207,485 )
Net deferred tax assets   $ -       -  

 

The Company files federal and California income tax returns subject to statutes of limitations. The years ended December 31, 2015 and 2014 are subject to examination by federal and state authorities.

 

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.