Quarterly report pursuant to Section 13 or 15(d)

PROVISION FOR INCOME TAXES

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PROVISION FOR INCOME TAXES
 6 Months Ended
Feb. 28, 2015
Income Tax Disclosure [Abstract]  
PROVISION FOR INCOME TAXES
NOTE 5 -PROVISION FOR INCOME TAXES
 
The Company has not made provision for income taxes for the period May 2, 2011 (date of inception) through February 28, 2015, since the Company has the benefit of net operating losses in these periods. 
 
Due to uncertainties surrounding the Company's ability to generate future taxable income to realize deferred income tax assets arising as a result of net operating losses carried forward, the Company has not recorded any deferred income tax asset as at February 28, 2015.  The Company has incurred an operating loss of $23,419 since inception.  The net operating losses carry forward will begin to expire in varying amounts from year 2034 subject to its eligibility as determined by respective tax regulating authorities.
 
The Company is subject to taxation in the United States and certain state jurisdictions.
 
The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:
 
   
February 28,
  
   
2015
    
2014
  
Income tax expense at statutory rate
  
$
(2,771
)
  
$
(2,242
)
Change in valuation allowance
    
2,771
      
2,242
  
Income tax expense per books
  
$
-
    
$
-
  
 
Net deferred tax assets consist of the following components as of:
 
   
February 28,
    
August 31,
  
   
2015
    
2014
  
NOL Carryover
  
$
(7,962
)
  
$
(5,191
)
Valuation allowance
    
7,962
      
5,191
  
Net deferred tax asset
  
$
-
    
$
-