v3.8.0.1
Income Taxes (Tables)
9 Months Ended
Mar. 31, 2018
Income Taxes [Abstract]  
Schedule of income tax benefit (expense)

  

For the three months ended

March 31,

  

For the nine months ended

March 31,

 
  2018  2017  2018  2017 
             
Current            
USA $-  $-  $(60,162) $- 
Hong Kong  6,250   (36,966)  (3,172)  (71,067)
China  (69,345)  (47,738)  (320,270)  (158,649)
One-time transition tax on accumulated foreign earnings  -   -   (478,499)  - 
   (63,095)  (84,704)  (862,103)  (229,716)
Deferred                
                 
USA  (153,000)  387,900   920,700   387,900 
Total income tax benefit (expense) $(216,095) $303,196  $58,597  $158,184 
Schedule of deferred tax assets

  March 31,  June 30, 
  2018  2017 
       
Allowance for doubtful accounts $568,000  $106,000 
Stock-based compensation  687,000   790,000 
Net operating loss  1,068,000   1,464,000 
Total deferred tax assets  2,323,000   2,360,000 
Valuation allowance  (652,900)  (1,610,600)
Deferred tax assets, net - long-term $1,670,100  $749,400 
Schedule of income taxes payable

  March 31,  June 30, 
  2018  2017 
       
VAT tax payable $558,452  $520,436 
Corporate income tax payable  2,213,939   1,290,832 
Others  69,762   74,948 
Total  2,842,153   1,886,216 
Less: current portion  2,401,934   1,886,216 
Income tax payable - noncurrent portion $440,219  $-