XML 62 R17.htm IDEA: XBRL DOCUMENT
v3.10.0.1

10. INCOME TAX | 12 Months Ended
--- | ---
Sep. 30, 2018
Notes |
10. INCOME TAX | 10. INCOME TAX As of September 30, 2018, and, 2017, there were no differences between financial reporting and tax bases of assets and liabilities. The Company will have tax losses available to be applied against future years' income as result of the losses incurred. However, due to the losses incurred in the period and expected future operating results, management determined that it is more likely than not that the deferred tax asset resulting from the tax losses available for carry forward will not be realized through the reduction of future income tax payments. Accordingly, a 100% valuation allowance has been recorded for deferred income tax assets. Cumulative net operating loss carry forward is $11,680,849 and $8,710,253 as of September 30, 2018 and 2017, respectively, and will begin expiring in 2033. The earliest tax year which remains subject to examination is 2015. The Tax Cuts and Jobs Act (the “Act”) was enacted on December 22, 2017. The Act reduces the US federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred and creates new taxes on certain foreign sourced earnings. The company has made a reasonable estimate of the effects on existing deferred tax balances as a result of the Act. The Company used an effective tax rate of 30% to deferred tax assets because of this tax rule change. Deferred tax assets consisted of the following as of September 30, 2018 and 2017
| 2018 | 2017
Net Operating Losses | $ 3,504,255 | $ 3,048,589
Valuation Allowance | (3,504,255) | (3,048,589)

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -URI http://asc.fasb.org/topic&trid=2144680 + Details
Name: | us-gaap_IncomeTaxDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration