XML 29 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1

11 - EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	11  -  EMPLOYEE BENEFIT PLANS We have a defined contribution profit sharing plan pursuant to Section 401(k) of the Internal Revenue Code (“the Plan) covering only our U.S. based employees.  Participants once eligible, as defined by the Plan, may contribute up to the maximum allowed under the Internal Revenue Code.  The Plan also provides for safe harbor matching contributions, vesting immediately, at our discretion.  For each year ended December 31, 2016 and 2015, employer matching contributions aggregated approximately $28,000. Participants in the Plan, through self-directed brokerage accounts, held 929,203 (or 19.5%) and 850,833 (or 17.8%) shares in Class A common stock of Taitron Components as of December 31, 2016 and 2015, respectively.  The Plan does not offer new issues of Taitron Components common stock as an investment option.

X

- Definition

The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.

+ References

No definition available.

+ Details

Name:	us-gaap_CompensationAndEmployeeBenefitPlansTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockSupplementAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration