INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Effective Rate of Income Tax

United States of America

The reconciliation of income tax rate to the effective income tax rate based on income before income taxes for the period ended December 31, 2019 and the years ended April 30, 2019 and 2018 are as follows:

	8 months ended
	December 31,			Years ended April 30,
	2019			2019			2018
Loss before income taxes	$	(160,566	)	$	33,054		$	(18,910	)
Statutory income tax rate		21	%		21	%		21	%
Income tax expense at statutory rate		(33,719	)		6,941			(3,971	)
Tax effect of non-deductible items		62,841			—			(411	)
Tax effect of allowance		—			—			4,382
Income tax expense	$	29,122		$	6,941		$	—

Taiwan

The reconciliation of income tax rate to the effective income tax rate based on income before income taxes for the period ended December 31, 2019 and the years ended April 30, 2019 and 2018 are as follows:

	8 months ended
	December 31,			Years ended April 30,
	2019			2019			2018
Loss before income taxes	$	(36,825	)	$	—		$	—
Statutory income tax rate		20	%		20	%		20	%
Income tax expense at statutory rate		(7,365	)		—			—
Tax effect of non-deductible items		—			—			—
Net operating loss		7,365			—			—
Income tax expense	$	—		$	—		$	—

Hong Kong

The reconciliation of income tax rate to the effective income tax rate based on income before income taxes for the period ended December 31, 2019 and the years ended April 30, 2019 and 2018 are as follows:

	8 months ended
	December 31,			Years ended April 30,
	2019			2019			2018
Loss before income taxes	$	(39,123	)	$	—		$	—
Statutory income tax rate		16.5	%		16.5	%		16.5	%
Income tax expense at statutory rate		(6,455	)		—			—
Tax effect of non-taxable income		(53	)		—			—
Tax effect of non-deductible items		189			—			—
Net operating loss		6,319			—			—
Income tax expense	$	—		$	—		$	—

The People’s Republic of China

The reconciliation of income tax rate to the effective income tax rate based on income before income taxes for the period ended December 31, 2019 and the years ended April 30, 2019 and 2018 are as follows:

	8 months ended
	December 31,			Years ended April 30,
	2019			2019			2018
Loss before income taxes	$	(96,608	)	$	—		$	—
Statutory income tax rate		25	%		25	%		25	%
Income tax expense at statutory rate		(24,152	)		—			—
Net operating loss		24,152			—			—
Income tax expense	$	—		$	—		$	—

Schedule of Deferred Income Taxes Assets and Liabilities

The following table sets forth the significant components of the deferred tax assets and liabilities of the Company as of December 31, 2019 and 2018:

	December 31,			April 30,
	2019			2019
Deferred tax assets:
Net operating loss carryforwards
Taiwan	$	7,365		$	—
Hong Kong		6,319			—
PRC		24,152			—
Less: valuation allowance		(37,836	)		—
Deferred tax assets, net	$	—		$	—