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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Income Taxes [Abstract]  
Schedule of income (loss) before income taxes and non-controlling interest allocation
  For the year ended  For the year ended 
  December 31,
2016
  December 31,
2015
 
United States $(2,387,341) $(2,352,510)
Foreign  12,360,373   11,743,089 
Total $9,973,032  $9,390,579
Schedule of significant components of income tax provision
  For the year ended  For the year ended 
Current tax provision December 31,
2016
  December 31,
2015
 
United States $-  $- 
Foreign  1,710,727   1,761,658 
Total $1,710,727  $1,761,658 

 

  For the year ended  For the year ended 
Deferred tax expense (benefit) December 31,
2016
  December 31,
2015
 
United States $319,252  $(319,252)
Foreign  -   - 
Total $319,252  $(319,252)
Schedule of table reconciles statutory rates to effective tax rate
  December 31,  December 31, 
  2016  2015 
U.S. Statutory rates  34.0%  34.0%
Foreign income not recognized in the U.S.  (33.7)  (35.8)
Foreign income tax rate  25.0   25.0 
Effect of favorable income tax rate in certain entity in PRC  (13.6)  (10.8)
R&D tax credit (1)  (1.7)  (1.6)
Change in valuation allowance  9.5   3.1 
Non-taxable permanent difference  (2)  0.9   1.5 
Effective tax rate  20.4%  15.4%

 

(1)According to PRC tax regulation, 150% of current year R&D expense approved by local tax authority could be deducted from taxable income.

 

(2)It represents expenses incurred by the Company that were not deductible for PRC income tax and income (loss) generated in countries with no income tax obligations.