XML 46 R18.htm IDEA: XBRL DOCUMENT

INCOME TAXES

3 Months Ended

Dec. 31, 2014

9.INCOME TAXES

The components of loss before income taxes, after adjusting the loss for non-controlling interests, are as follows:

	Three months ended
	December 31,
	2014				2013

United States		$	(236,000	)		$	(850,000	)
Canada			(320,000	)			(201,000	)

		$	(556,000	)		$	(1,051,000	)

The components of the income tax benefit are as follows:

	Three months ended
	December 31,
	2014				2013

Current		$	3,000			$	(129,000	)
Deferred			(92,000	)			67,000

		$	(89,000	)		$	(62,000	)

Consolidated taxes do not bear a customary relationship to pretax results due primarily to the fact that Canadian taxable income is not sheltered by U.S. source losses, Canadian income taxes are not estimated to have a current or future benefit as foreign tax credits or deductions for U.S. tax purposes, and U.S. consolidated net operating losses are not estimated to have any future U.S. tax benefit prior to expiration.

- 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+ Details