Taxes Payable (Tables)

9 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of income taxes and related payables

	March 31,			June 30,
	2019			2018
VAT provision	$	(469,900	)	$	(449,140	)
Income tax payable		3,636,081			554,065
Other levies		999,839			836,747
Total	$	4,166,020		$	941,672

Schedule of provision for income taxes

	March 31, 2019		June 30, 2018
Current tax - foreign	$	5,321,671	$	6,841,592
Repatriation Tax		-		29,010,535
Total	$	5,321,671	$	35,852,127

Schedule of effective income tax rate reconciliation

March 31, 2019
	China					United States
	15% - 25%					34%					Total
Pretax income (loss)	$	23,320,275		-			(1,363,166	)	-		$	21,957,109
Expected income tax expense (benefit)		5,830,069		25.0	%		(286,265	)	21.0	%		5,543,804
High-tech income benefits on Jinong		(671,669	)	(2.9	)%				-			(671,669	)
Losses from subsidiaries in which no benefit is recognized		163,271		0.7	%				-			163,271
Change in valuation allowance on deferred tax asset from US tax benefit		0		-			286,265		(21.0	)%		286,265
Actual tax expense	$	5,321,671		22.8	%	$	-		-	%	$	5,321,671		24.2	%

March 31, 2018
	China					United States
	15% - 25%					34%						Total
Pretax income (loss)	$	26,650,476		-			(1,035,728	)		-		$	25,614,748
Expected income tax expense (benefit)		6,662,619		25.0	%		(352,147	)		34.0	%		6,310,472
High-tech income benefits on Jinong		(2,689,188	)	(10	)%					-			(2,689,188	)
Losses from subsidiaries in which no benefit is recognized		(1,093,349	)	4	%					-			(1,093,349	)
Change in valuation allowance on deferred tax asset from US tax benefit		0		-			352,147		352,147	(34.0	)%		352,147
Actual tax expense	$	5,066,780		19	%	$	-			-	%	$	5,066,780		19.8	%