6. Deferred Income Taxes	6 Months Ended
Feb. 28, 2021
Notes
6. Deferred Income Taxes	`6.` DEFERRED INCOME TAXES Deferred income tax liability as of February 28, 2021 of $12,872 (August 31, 2020 - $96,952) reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

- 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.

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