Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Taxes Tables

Summary of income tax expense

The income tax expense is reconciled per the schedule below:

	2014			2013
Net loss before income taxes	$	(479,341	)	$	(35,008	)
Fair value of services rendered by shareholder		45,269			48,548
Capital assets		(72	)		55
Non-deductible portion of meals and entertainment		17			27
Transaction costs		233,738			-
Other adjustments		-			(1,190	)
Adjusted net income (loss) for tax purposes		(200,389	)		12,432
Statutory rate		23.61	%		15.50	%
	$	(47,306	)	$	1,927
Valuation allowance		47,306			-
Provision for (recovery of) income taxes	$	-		$	1,927

Deferred income tax assets

The tax effects of temporary differences that give rise to the deferred income tax assets at December 31, 2014 and 2013 are as follows:

	2014			2013
Non-capital loss carry forwards	$	47,312		$	-
Transaction costs		45,597			-
		92,909			-
Deferred tax assets not recognized		(92,909	)		-
Net expected deferred income tax recovery	$	-		$	-