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Income Taxes (Tables)
6 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Provision (Benefit) for Income Taxes

The income tax rate was 21% for the six months ended December 31, 2019 and year ended June 30, 2019 and 35% for the year ended June 30, 2018. The sources of the difference are as follows:

  

    Six Months Ended     Year Ended  
    December 31, 2019     June 30, 2019     June 30, 2018  
Expected tax at 21%, 21% and 35%, respectively   $ (281,944 )   $ (161,718 )   $ (108,819 )
Non-deductible stock-based compensation     16,800       8,400       73,500  
Non-deductible loss (nontaxable income) from derivative liability     212,261       69,943       49,228  
Non-deductible amortization of debt discounts     35,760       50,228       6,083  
Increase (decrease) in Valuation allowance     17,123       38,147       (19,992 )
Provision for (benefit from) income taxes   $ -     $ -     $ -  

 

  (a) As a result of the Tax Cuts and Jobs Act enacted on December 22, 2017, the United States corporate income tax rate is 21% effective January 1, 2018. Accordingly, we reduced our deferred income tax asset relating to our net operating loss carryforward (and the valuation allowance thereon) by $1,490,874 from $3,727,185 to $2,236,311 as of June 30, 2019.
Schedule of Components of Deferred Income Tax

Significant components of the Company’s deferred income tax are as follows:

 

    December 31, 2019     June 30, 2019     June 30, 2018  
Unpaid accrued officer and director compensation   $ 12,559     $ 8,359     $ -  
Net operating loss carry-forwards     29,346,959       29,329,836       29,254,563  
Valuation allowance     (29,359,518 )     (29,338,195 )     (29,254,563 )
Net non-current deferred tax asset   $ -     $ -     $ -