NOTE 7 - INCOME TAXES: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

The cumulative tax effect at the expected rate of 21 percent (for 2021 & 2020) of significant items comprising our net deferred tax amount is as follows: 

	December 31, 2021	December 31, 2020
Deferred tax asset attributable to:
Net operating loss carry forwards	$(1,223,277)	$(1,192,121)
Common stock issued for services	113,692	113,692
Valuation allowance	1,109,585	1,078,429
Net deferred tax asset	$-	$-