Annual report pursuant to Section 13 and 15(d)

Income Taxes, Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Tables)

v3.7.0.1
Income Taxes, Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Dec. 31, 2016
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

Year ended

December 31, 2016

Year ended

December 31, 2015

Federal statutory income tax rate

34.0%

34.0%

State tax rate (net)

5.7%

7.1%

Permanent differences

(0.9)%

7.5%

Deferred tax asset valuation allowance

(38.8)%

(48.6)%

Effective income tax rate

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