Note 6 - INCOME TAXES
The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before provision for income taxes. The sources and tax effects of the differences for the periods presented at 15% income tax rate are as follows:
Changes in the cumulative net deferred tax assets consist of the following:
| June 30, 2017 | June 30, 2016 | |||||||
| Net operating loss carry forward | $ | 6,414 | $ | 4,913 | ||||
| Valuation allowance | (6,414 | ) | (4,913 | ) | ||||
| $ | - | $ | - | |||||
A reconciliation of income taxes computed at the statutory rate of 15% is as follows:
| June 30, 2017 | June 30, 2016 | |||||||
| Tax Benefit at statutory rate | $ | 1,501 | $ | 4,940 | ||||
| Change in Valuation allowance | (1,501 | ) | (4,940 | ) | ||||
| $ | - | $ | - | |||||
During the years ended June 30, 2017 and the year ended June 30, 2016, we recognized no tax credit.