INCOME TAX (Tables)

3 Months Ended

Mar. 31, 2018

Income Tax

Statutory and effective tax expenses

	3/31/2018			3/31/2017
Income attributed to PRC operations	$	51,582		$	37,366
Loss attributed to US and HK entities		(13,000	)		(1,246	)
Income/(loss) before tax	$	38,582		$	36,120
PRC Statutory Tax at 25% Rate		12,895			9,030
Effect of tax exemption granted		(12,895	)		(9,030	)
Income tax		-			-

Per Share Effect of Tax Exemption

	3/31/2018		3/31/2017
Effect of tax exemption granted	$	12,895	$	9,030
Weighted-Average Shares Outstanding Basic		56,560,007		56,560,007
Per share effect	$	0.00		0.00

U.S. federal statutory income tax rate

	3/31/2018			3/31/2017
U.S. federal statutory income tax rate		34	%		34	%
Lower rates in PRC, net		(9	%)		(9	%)
Tax holiday for senior care industry		(25	%)		(25	%)
The Company’s effective tax rate		0	%		0	%