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Taxes Payable

6 Months Ended

Jun. 30, 2012

7. TAXES PAYABLE

Taxes consisted of the following as of June 30, 2012 and December 31, 2011:

	2012			2011
Income	$	(121,779	)	$	2,205,337
Business		275,046			305,141
VAT arising from transfer WGPG to Shenmu		379,453			380,898
Other		36,933			51,658
	$	569,653		$	2,943,034