PROVISION FOR INCOME TAXES

12 Months Ended

Jul. 31, 2015

NOTE 5 - PROVISION FOR INCOME TAXES

The Company provides for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

	July 31, 2015			July 31, 2014
Income tax expense at statutory rate	$	(15,022	)	$	(5,097	)
Valuation allowance		15,022			5,097
Income tax expense per books	$	-		$	-

Net deferred tax assets consist of the following components as of:

	July 31, 2015			July 31, 2014
NOL Carryover	$	20,119		$	5,097
Valuation allowance		(20,119	)		(5,097	)
Net deferred tax asset	$	-		$	-

Due to the change in ownership provisions of the Income Tax laws of United States of America, net operating loss carry forwards of approximately $59,174 for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years. They typically expire 20 years from when incurred.

Income taxes for the years ended July 31, 2015 and 2014, remain subject to examination.