INCOME TAXES

12 Months Ended

Dec. 31, 2021

INCOME TAXES

NOTE 9. INCOME TAXES

NOTE 9. INCOME TAXES

Income tax expense and recovery differs from that which would be expected from applying the effective tax rates to the net income (loss0 for the years ended December 31, 2021 and 2021for the Company is as follows:

	December 31, 2021			December 31, 2020
Net income (loss)	$	59,545		$	(91,852	)
Statutory and effective tax rate		21	%		21	%
Income tax expense (recovery) at the effective rate		12,000			(19,000	)
Tax benefit (liability) deferred		(12,000	)		19,000
Income tax expense (recovery	$	-		$	-

	December 31, 2021			December 31, 2020
Tax losses carried forward	$	41,000		$	100,000
Statutory and effective tax rate		21	%		21	%
Deferred tax asset		9,000			21,000
Valuation allowance		(9,000	)		(21,000	)
Net deferred asset	$	-		$	-