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INCOME TAX (Tables)
9 Months Ended
Sep. 30, 2021
INCOME TAX  
Schedule of reconciliation of income tax credit

 

 

Nine Months ended

 

 

 

September 30,

 

 

 

2021

 

 

2020

 

Income tax credit at statutory rate

 

$(807,453)

 

$(11,693)

Income tax adjustment

 

 

 

 

 

 

 

 

Imputed interest

 

 

850

 

 

 

615

 

Stock based compensation

 

 

781,897

 

 

 

-

 

Change of valuation allowance

 

 

24,706

 

 

 

11,078

 

Income tax expense (credit)

 

$-

 

 

$-

 

Schedule of net deferred tax assets

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Operating loss carry forward

 

$91,351

 

 

$66,645

 

Valuation allowance

 

 

(91,351)

 

 

(66,645)

Deferred tax asset

 

$-

 

 

$-