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Income Taxes
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Income Taxes

Note 5 – Income Taxes

 

The Company is subject to United States federal and state income taxes at an approximate rate of 21%. The reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows:

 

   2021
$
   2020
$
 
         
Income tax recovery at statutory rate   5,838    5,465 
           
Change in valuation allowance   (5,838)   (5,465)
           
Income tax provision   
-
    
-
 

 

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

 

   2021
$
   2020
$
 
         
Net operating losses carried forward   13,766    7,928 
Valuation allowance   (13,766)   (7,928)
           
Net deferred income tax asset   
-
    
-
 

 

The Company has net operating losses carried forward of $(65,550) which may be carried forward to apply against future years’ taxable income, subject to the final determination by taxation authorities, and commence expiration in the year 2038.