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Taxes Payable (Tables)
6 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of income taxes and related payables

   December 31,   June 30, 
   2018   2018 
VAT provision  $(343,283)  $(449,140)
Income tax payable   1,598,671    554,065 
Other levies   805,609    836,747 
Total  $2,060,997   $941,672 
Schedule of provision for income taxes

   December 31,   June 30, 
   2018   2018 
Current tax - foreign  $3,182,061   $6,841,592 
Repatriation Tax   -    29,010,535 
 Total  $3,182,061   $35,852,127 
Schedule of effective income tax rate reconciliation

   China       United States             
December 31, 2018   15% - 25%       21%       Total     
                         
Pretax income (loss)  $15,663,575         (963,974)       $14,699,601      
                               
Expected income tax expense (benefit)   3,915,894    25.0%   (202,435)   21.0%   3,713,459      
High-tech income benefits on Jinong   (904,666)   (5.8)%   -    -    (904,666)     
Losses from subsidiaries in which no benefit is recognized   

170,833

    1.1%   -    -    

170,833

      
Change in valuation allowance on deferred tax asset from US tax benefit   -         202,435    (21.0)%   202,435      
Actual tax expense  $3,182,061    20.3%  $-    -%  $3,182,061    21.6%

 

   China       United States             
December 31, 2017  15% - 25%       34%       Total     
                         
Pretax income (loss)  $16,805,296        $(630,768)       $16,174,528      
                               
Expected income tax expense (benefit)   4,201,324    25%   (214,461)   34%   3,986,863      
High-tech income benefits on Jinong   (1,230,618)   -7.3%             (1,230,618))     
Losses from subsidiaries in which no benefit is recognized   282,887    1.7%             282,887      
Change in valuation allowance on deferred tax asset from US tax benefit   0         214,461    -34%   214,461      
Actual tax expense  $3,253,593    19.4%  $0    0.00%  $3,253,593    20.1%