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INCOME TAX (Tables)
12 Months Ended
Dec. 31, 2012
Income Tax Tables  
Provision (benefit) for income taxes

The provision (benefit) for income taxes for the year ended December 31, 2012 and period from inception on July 5, 2011 to December 31, 2011 are as follows (assuming a 15% effective tax rate):

 

   

Year ended December 31,

2012

   

Inception on

July 5, 2011 to

December 31,

2011

 
Current Tax Provision:            
Federal-            
Taxable income   $ —     $ —  
                 
    Total current tax provision   $ —     $ —  
                 
Deferred Tax Provision:                
Federal-                
Loss carryforwards   $ 16,409     $ 560  
Change in valuation allowance     (16,409 )     (560 )
                 
    Total deferred tax provision   $ —     $ —  
Deferred income tax assets

The Company had deferred income tax assets as of December 31, 2012 and 2011 as follows:

 

   

Year ended December 31,

2012

   

Inception on

July 5, 2011 to

December 31,

2011

 
             
Loss carryforwards   $ 16,969     $ 560  
                 
Less - valuation allowance     (16,969 )     (560 )
                 
Total net deferred tax assets   $ —     $ —