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Tax Provision

3 Months Ended

Dec. 31, 2013

Note 6. Tax Provision

The Company’s tax provision for the three months ended December 31, 2013 and 2012 is as follows:

	Three months ended December 31,
	2013		2012
Current state taxes	$	10,000	$	10,000
Current tax expense on international operations		19,283		42,505
Deferred tax expense		100,409		471,799
Tax provision	$	129,692	$	524,304

The deferred tax expense was primarily due to the utilization of net operating losses and the utilization of deferred timing differences related to its United States subsidiary.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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