XML 33 R21.htm IDEA: XBRL DOCUMENT v3.21.2
INCOME TAXES (Tables)
12 Months Ended
Jun. 30, 2021
Income Tax Disclosure [Abstract]  
Summary of operating loss carryforwards
   
Year  Amount
2021   $29,000 
Total   $29,000 
Summary of reconciliation of income tax expense rate
      
   2021  2020
United States Statutory Income tax Rate   21%   21%
Increase (Decrease) in rate on income subject to Danish income tax rates   1%   1%
Decrease in rate resulting from Non-Deductible expenses        
           
Income Tax Expense   22%   22%
Summary of components of income tax expense
          
Current Tax Expense  2021  2020
Danish Income Tax Expense (Benefit)  $8,245   $7,805 
Federal US Income Tax Expense (Benefit)          
Current        
Deferred        
Total Income Tax Expense  $8,245   $7,805 
Summary of deferred tax income tax assets
          
   2021  2020
Net operating loss carryforwards  $4,373,509   $4,349,913 
           
Valuation allowance   (4,373,509)   (4,349,913)
Total net deferred tax assets  $   $