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INCOME TAX (Tables)
3 Months Ended
Mar. 31, 2013
Income Tax Disclosure [Abstract]  
Reconciliation of U.S. Statutory Rates to Effective Tax Rate

The following table reconciles the U.S. statutory rates to the Company’s effective tax rate for three months ended March 31, 2013 and 2012, respectively:

 

  2013  2012 
U.S. statutory rates  34.0%  34.0%
Tax rate difference – current provision  (10.5)%  (9.3)%
Effective tax holiday  -%  (7.3)%
Non tax-deductible expense  -%  (7.0)%
Other  (0.5)%  -%
Valuation allowance on US NOL  5.5%  8.1%
Tax per financial statements  28.5%  18.5%
Provision for Income Tax Expenses

The provision for income taxes for the three months ended March 31, 2013 and 2012 consisted of the following:

 

  2013  2012 
Income tax expense - current $608,652  $198,223 
Income tax expense - deferred  751,402   289,169 
Total income tax expenses $1,360,054  $487,392