NOTE 7 - INCOME TAXES |
3 Months Ended |
|---|---|
Mar. 31, 2016 | |
| Income Tax Disclosure [Abstract] | |
| Income Tax Disclosure [Text Block] |
NOTE 7 - INCOME TAXES
The income taxes provision for the three months ended March 31, 2016 consists of current income taxes of $800.
Uncertain Tax Positions
Interest associated with unrecognized tax benefits is classified as income tax and penalties are included in selling, general and administrative expenses in the statements of operations and comprehensive income.
For the three months ended March 31, 2016 and 2015, the Company had no unrecognized tax benefits and related interest and penalties expenses. Currently, the Company is not subject to examination by major tax jurisdictions.
|