INCOME TAXES (TABLES)
 9 Months Ended
Sep. 30, 2016
INCOME TAXES (Tables)  
Schedule of Enterprise Income Tax Rates

In 2013, the Company again applied for and received the same favorable tax rate for 2014 to 2016.  Under the current tax law in the PRC, the Company is and will be subject to the following enterprise income tax rates:

 

 

 

Enterprise Income

Year

 

Tax Rate 

2015

 

15%

2016

 

15%

Thereafter

 

25%

 
Schedule of Provision for income taxes

The provision for income taxes consisted of the following:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Current

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Deferred

 

 

20,800

 

 

 

18,906

 

 

 

65,044

 

 

 

57,618

 

Total income tax expense

 

$

20,800

 

 

$

18,906

 

 

$

65,044

 

 

$

57,618