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INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The reconciliation of effective income tax rate as follows:
 
 
 
For the Three Months Ended
 
 
 
March 31,
 
March 31,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
PRC Statutory income tax rate
 
 
25
%
 
25
%
Less: Income tax holiday
 
 
-25
%
 
-25
%
Total
 
 
-
 
 
-
 
 
The provision for income tax on earnings as follows:
 
 
 
For the Three Months Ended
 
 
 
March 31,
 
March 31,
 
 
 
2016
 
2015
 
 
 
 
 
 
 
PRC income tax at statutory rate
 
$
939,235
 
$
963,949
 
Less: Income tax subject to tax holiday
 
 
(939,235)
 
 
(963,949)
 
Total
 
$
-
 
$
-