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Other Payables and Accrued Expenses
 6 Months Ended
Jun. 30, 2018
Other Liabilities Disclosure [Abstract]  
Other Payables and Accrued Expenses

14. OTHER PAYABLES AND ACCRUED EXPENSES

 

As of June 30, 2018 and December 31, 2017, other payables and accrued expenses consist of:

 

    June 30,     December 31,  
    2018     2017  
    (Unaudited)        
Advances from unrelated third-parties (i)   $ 393,453     $ 194,552  
Other taxes payable (ii)     2,876,127       2,772,560  
Unrecognized tax benefits (iii)     433,000       433,000  
Accrued professional fees     88,464       158,747  
Amount due to employees (iv)     184,130       198,370  
Other current liabilities     267,572       281,188  
    $ 4,242,746     $ 4,038,417  

 

(i) The advances from unrelated parties are non-interest bearing and due on demand.
   
(ii) The other taxes payable were the amounts due to the value added tax, business tax, city maintenance and construction tax, and individual income tax. The increase in other taxes payable was mainly attributed to reassessment of prior years’ business tax, value added tax, land use tax, and other auxiliary taxes.
   
(iii) The Unrecognized tax benefits refer to the land value added tax due to the sale of property, equipment, and land use rights in September 2015.
   
(iv) The amounts due to employees were pertaining to employees’ out-of-pocket expenses for travel and meal allowance, etc.