Attached files

file filename
10-K - FORM 10-K ANNUAL REPORT AUGUST 31 2012 - SYMBID CORP.f10k083112_10k.htm
EXCEL - IDEA: XBRL DOCUMENT - SYMBID CORP.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R8.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R9.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R4.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R1.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R2.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R7.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R3.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R5.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R6.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R20.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R13.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R18.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R10.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R17.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R15.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R19.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R21.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R12.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R14.htm
XML - IDEA: XBRL DOCUMENT - SYMBID CORP.R16.htm
EX-32.01 - EXHIBIT 32.01 SECTION 906 CERTIFICATION - SYMBID CORP.f10k083112_ex32z01.htm
EX-31.02 - EXHIBIT 31.02 SECTION 302 CERTIFICATION - SYMBID CORP.f10k083112_ex31z02.htm
EX-31.01 - EXHIBIT 31.01 SECTION 302 CERTIFICATION - SYMBID CORP.f10k083112_ex31z01.htm
v2.4.0.6
Income Taxes
12 Months Ended
Aug. 31, 2012
Income Taxes  
Income Taxes

5.     Income Taxes

 

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate to the net loss before provision for income taxes for the following reasons:

 

 

 

August 31,

2012

$

August 31,

2011

$

 

 

 

 

Net loss before taxes

 

(100,259)

(9,688)

Statutory rate

 

34%

34%

 

 

 

 

Computed expected tax recovery

 

34,088

3,294

Valuation allowance

 

(34,088)

(3,294)

 

 

 

 

Income tax provision

 

 

Net deferred tax assets consist of the following components as of:

 

 

 

August 31,

2012

August 31,

2011

 

 

 

 

 

 

      $

       $

 

 

 

 

Net Operating Loss Carryover

 

37,382

3,294

Valuation allowance

 

(37,382)

(3,294)

 

 

 

 

Income tax provision

 

 

Due to the change in ownership provisions of the income tax laws of United States of America, net operating loss carry forwards of approximately $37,382 for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.