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TAXES PAYABLE

6 Months Ended

Jun. 30, 2011

TAXES PAYABLE

NOTE 8 – TAXES PAYABLE

Taxes payable consists of the following:

		June 30,				December 31,
		2011				2010
Income tax payable		$	5,372,871			$	4,377,314
Mineral resource compensation fee payable			685,336				486,585
Value added tax payable			1,174,217				1,031,525
Land use tax payable			526,288				966,397
Other tax payables			276,601				301,274
Total		$	8,035,313			$	7,163,095

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- Definition

Tax Disclosure [Text Block]

+ Details

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