Income Taxes (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2017 |
Jun. 30, 2016 |
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Increase in valuation allowance | $ 1,340,938 | |
Operating loss carryforward expiration date | expire in 2020 | |
Net operating loss | $ (1,001,214) | $ 6,301,701 |
Unrecognized tax benefits related to various federal and state income tax matters | ||
Undistributed earnings of foreign subsidiaries | 29,645,863 | |
Aggregate effect of income tax holiday | $ 876,058 | $ 1,096,200 |
Income tax basic and diluted earnings per share | $ 0.08 | |
Maximum [Member] | ||
Income tax basic and diluted earnings per share | $ 0.11 | |
Minimum [Member] | ||
Income tax basic and diluted earnings per share | $ 0.10 | |
United States of America [Member] | Federal [Member] | ||
Operating loss carryforwards | $ 40,582,869 | |
United States of America [Member] | State [Member] | ||
Operating loss carryforwards | 4,556,581 | |
Foreign Entities [Member] | ||
Net operating loss | $ 6,701,192 |
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- Definition Operating loss carryforward expiration date. No definition available.
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- Definition The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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