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Income Tax (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of company's deferred tax asset

The Company’s deferred tax assets are as follows at December 31, 2016 and 2015:

		December 31, 2016				December 31, 2015
Deferred tax asset
Net operating loss carryforward		$	50,339				3,747
Valuation Allowance			(50,339	)			(3,747	)
Deferred tax asset, net of allowance		$	-				-

Schedule of income tax provision (benefit)

The income tax provision (benefit) consists of the following at December 31, 2016 and 2015:

		Year Ended December 31, 2016				For the Period from April 23, 2015 (Inception) to December 31, 2015
Federal
Current		$	-			$	-
Deferred			(36,718	)			(3,477	)
State and Local
Current			-				-
Deferred			(9,874	)			(270	)
Change in valuation allowance			46,592				3,747
Income tax provision (benefit)		$	-			$	-

Schedule of tax expense (benefit) based on the statutory rate is reconciled

A reconciliation of the statutory tax rate to the Company’s effective tax rates as of December 31, 2016 and 2015 is as follows:

		Year Ended  December 31, 2016				For the Period from April 23, 2015 (Inception) to December 31, 2015
Statutory federal income tax rate			-34.0	%			-34.0	%
State taxes, net of federal tax benefit			-8.6	%			-2.6	%
Change in valuation allowance			42.6	%			36.6	%
Income tax provision (benefit)			0.0	%			0.0	%

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- References

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

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