Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.

On December 22, 2017, the US Congress enacted the Tax Cuts and Jobs Act (Tax Reform Legislation), which made significant changes to US federal income tax law including a reduction in the corporate tax rate to 21% for tax years beginning with 2018. These changes will impact the changes in the valuation allowance, components of the tax rate reconciliation and realization of loss carryforwards.

The Company did have an income tax provision or benefit for the year ended December 31, 2018 and 2017. The Company has incurred losses and therefore has provided a full valuation against net deferred tax assets as December 31, 2018 and 2017.

The significant components of deferred tax assets and liabilities are as follows:

	Year Ended			Year Ended
Deferred tax assets	12/31/2018			12/31/2017

Net operating losses	$	(15,600	)	$	(3,489	)

Deferred tax liability
Net deferred tax assets	$	15,600		$	3,489
Less: valuation allowance	$	(15,600	)	$	(3,489	)
Deferred tax asset - net valuation allowance		-			-