Annual report pursuant to Section 13 and 15(d)

Note 22 - Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Tables)

v3.21.1
Note 22 - Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

 

2020

 

2019

Net income (loss) before taxes

$

(667,491)

$

(3,418,632)

US federal income tax rate

 

21%

 

21%

 

 

 

 

 

Computed expected tax provision (benefit)

 

(140,173)

 

(717,913)

Permanent differences and other

 

537,273

 

(401,587)

Change in valuation

 

(397,100)

 

1,119,500

Federal income tax provision

$

-

$

-