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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2020
Income Taxes (Tables)  
Schedule of Income tax reconciliation

 

 

For the Three Months

 

 

 

Ended March 31,

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

U.S. statutory tax (benefit)

 

 

(21.0

)%

 

 

(21.0

)%

Hong Kong statutory tax (benefit)

 

 

8.25

%

 

 

(8.25

)%

Permanent and temporary differences

 

 

(8.25

)%

 

 

2.09

%

Change in deferred tax asset valuation allowance

 

 

21.0

%

 

 

27.16

%

Effective income tax rate

 

 

0

%

 

 

0

%