6. TAX INSTALLMENTS PAYABLE

12 Months Ended

Dec. 31, 2013

Notes to Financial Statements

6. TAX INSTALLMENTS PAYABLE

NOTE 6. TAX INSTALLMENTS PAYABLE

As of December 31, 2013, the outstanding balance on the tax installments payable was $319,284.

Type of tax	Balance as of December 31, 2013
Cofins Payable - Tax on Service	$	79,627
PIS Withheld Payable – Tax on Services		12,382
Social Contribution Payable – Social Security Tax		61,970
Income Tax Payable		165,305
Total	$	319,284