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INCOME TAXES (Tables)
 3 Months Ended
Mar. 31, 2013
INCOME TAXES (Tables)  
Current Taxes

Under current tax law in the PRC, the Company is and will be subject to the following enterprise income tax rates:

Enterprise Income Tax Rate

Year

2013

15%

2014 and after

25%
Provision For Income Taxes

The provision for income taxes consisted of the following:

 

Three months ended March 31,

2013

2012

Current

 $                      -  

 $            564,893

Deferred

             (269,011)

               (34,312)

Total income tax (benefit) expense

 $          (269,011)

 $            530,581