Petrogas Co

Entity information:

Entity registrant name: Petrogas Co
CIK: 0001609258
SEC filing page: http://www.sec.gov/Archives/edgar/data/1609258/000164033417001346/0001640334-17-001346-index.htm
XBRL Instance: http://www.sec.gov/Archives/edgar/data/1609258/000164033417001346/ptco-20170331.xml
XBRL Cloud Viewer: https://edgardashboard.xbrlcloud.com/flex/viewer/XBRLViewer.html#instance=http://www.sec.gov/Archives/edgar/data/1609258/000164033417001346/ptco-20170331.xml
EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001609258
Generator: Ez-XBRL
Total assets: 29,168
Income tax expense (benefit):
Found reconcilation from statutory to effective rates: False
Found income tax policy: Coming soon!

The Company estimates its annual effective income tax rate in recording its quarterly provision for income taxes in the various jurisdictions in which the Company operates. Statutory tax rate changes and other significant or unusual items are recognized as discrete items in the quarter in which they occur. The Company recorded no income tax expense for the nine months ended December 31, 2016 and 2015. The Company has a valuation allowance that fully offsets net deferred tax assets.