2018

2017

Deferred tax asset — current (accrual of employee social insurance)

$

186,779

$

189,617

Deferred tax liability — current (net investment in sales-type leases)

(1,639,057

)

(1,520,537

)

Deferred tax liability, net of current deferred tax asset

$

(1,452,278

)

$

(1,330,920

)

Deferred tax asset — noncurrent (depreciation of fixed assets)

$

6,176,064

$

7,675,645

Deferred tax asset — noncurrent (asset impairment loss)

15,003,497

450,706

Deferred tax asset — noncurrent (capitalized interest on CIP)

2,531,120

2,574,749

Deferred tax asset---noncurrent (interest income in sales-type leases)

658,307

-

Deferred tax asset---noncurrent (US NOL)

3,114,083

14,321,617

Deferred tax asset---noncurrent (PRC NOL)

1,617,861

-

Less: valuation allowance on deferred tax assets

(21,353,059

)

(14,321,617

)

Deferred tax assets --- noncurrent, net

7,747,873

10,701,100

Deferred tax liability — noncurrent (net investment in sales-type leases)

(9,335,941

)

(11,527,594

)

Deferred tax liability, net of noncurrent deferred tax assets

$

(1,588,068

)

$

(826,494

)

Total Deferred tax liability, noncurrent per ASU 2015-17

$

(3,040,346

)

$

(2,157,414

)