INCOME TAXES (Tables) - QPAGOS Corporation - Parent Company [Member]

12 Months Ended

Dec. 31, 2015

Schedule of provision for income taxes

The provision for income taxes consists of the following:

		Year ended December 31, 2015		Year ended December 31, 2014
Current
Federal	$	-	$	-
State		-		-
Foreign		-		-
	$	-	$	-
Deferred
Federal	$	-	$	-
State		-		-
Foreign		-		-
	$	-	$	-

Schedule of statutory income tax

A reconciliation of the U.S. Federal statutory income tax to the effective income tax is as follows:

	Year ended December 31, 2015			Year ended December 31, 2014
Tax expense at the federal statutory rate	$	(1,070,844	)	$	(522,457	)
State tax expense, net of federal tax effect		-			-
Effect of foreign operations		87,694			69,514
Permanent timing differences		62,082			35,858
Deferred income tax asset valuation allowance		921,068			417,085
	$	-		$	-

Schedule of deferred income tax assets

Significant components of the Company’s deferred income tax assets are as follows:

	December 31, 2015			December 31, 2014
Depreciation and amortization	$	(74,219	)	$	3
Other		(26,989	)		-
Net operating losses		1,022,276			417,082
Valuation allowance		(921,068	)		(417,085	)
Net deferred income tax assets	$	-		$	-