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INCOME TAXES
3 Months Ended
Jun. 30, 2011
INCOME TAXES

NOTE 11 - INCOME TAXES

 

Shandong Spring Pharmaceutical Co., Ltd is subject to the Enterprise income tax (“EIT”) at a statutory rate of 25%.

 

For the quarters ended June 30, 2011 and 2010, Shandong Spring Pharmaceutical Co., Ltd. recorded income tax provisions of $412,051 and $459,533, respectively.