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Note 10 - Taxes Payable
3 Months Ended
Sep. 30, 2012
Note 10 - Taxes Payable:  
Note 10 - Taxes Payable

NOTE 10 – TAXES PAYABLE

 

Taxes payable consisted of the following at September 30, 2012 and December 31, 2011, respectively:

 

 

 

2012

 

 

2011

 

 

 

 

 

 

 

 

Income tax payable (receivable)

 

   $      317,340

 

 

   $                    -

 

Value added tax payable

 

            162,518

 

 

                         -

 

Other taxes payable

 

                7,944

 

 

                         -

 

 Taxes payable

 

   $      487,802

 

 

   $                    -