Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v3.6.0.2
INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2016
Income Taxes Tables  
Regional sources of tax losses
    2016     2015     2014  
North America   $ (1,183,699 )   $ (813,409 )   $ (3,141,208 )
Outside North America     (568,784 )     (527,184 )     (716,713 )
    $ (1,752,483 )   $ (1,340,593 )   $ (3,857,921 )
Tax losses by year of origin and year of expiry
Year of         Year of         Year of   Outside     Year of  
Origin   United States     Expiry   Canada     Expiry   North America     Expiry  
1998     212,899     2018                      
1999     795,878     2019                      
2000     6,179     2020                      
2001     292,351     2021                      
2002     1,017,792     2022                      
2003     1,189,476     2023                      
2004     790,108     2024                      
2005     2,166,634     2025   $ 732,448     2015            
2006     1,764,202     2026     682,619     2016            
2007     1,530,976     2027                 293,528     2014  
2008     1,266,180     2028                 99,852     2015  
2009     208,940     2029     97,040     2019     78,953     2016  
2010     477,350     2030     54,697     2020     27,267     2017  
2011     77,922     2031     184,138     2021              
2012     38,979     2032     90,950     2022              
2013     3,502     2033     123,867     2023     631,107     2020  
2014     3,060,847     2034     80,361     2024     716,713     2021  
2015     813,409     2035                 527,184     2022  
2016     1,035,805     2036     147,894     2026     568,784     2023  
TOTAL   $ 16,749,429         $ 2,194,014         $ 2,943,388        
                                       
CONSOLIDATED TAXLOSSES                           $ 21,886,831        
Deferred tax assets
    2016     2015     2014  
Deferred tax assets:                  
North America   $ 6,047,290     $ 5,874,417     $ 5,846,486  
Outside North America     370,658       297,184       232,634  
Sub-total     6,417,948       6,171,601       6,079,120  
Less Valuation allowance     (6,417,948 )     (6,171,601 )     (6,079,120 )
Net deferred tax assets     -       -       -  
Consolidated effective tax (benefit) rate
    2016     2015     2014  
Combined Statutory Rates     31.3 %     31.3 %     31.3 %
Non-deductible expenses     (9 )     (9 )     (9 )
Change in valuation allowance     (22.3 )     (22.3 )     (22.3 )
Effective tax rate     0 %     0 %     0 %