Attached files

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EXCEL - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.Financial_Report.xls
10-Q - FORM 10-Q - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12v1.htm
XML - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.R3.htm
XML - IDEA: XBRL DOCUMENT - RAINBOW INTERNATIONAL, CORP.R1.htm
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EX-31 - EXHIBIT 31 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex31.htm
EX-32 - EXHIBIT 32 - RAINBOW INTERNATIONAL, CORP.rainbow10q2q12ex32.htm
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v2.4.0.6
Note 3 - Federal Income Tax: federal income tax note (Tables)
6 Months Ended
Nov. 30, 2012
Tables/Schedules  
federal income tax note

The provision for refundable Federal income tax consists of the following:

 

Three months ended November 30, 2011

Three months ended November 30, 2012

Refundable Federal income tax attributable to :

Current operations

($136)

($15,788)

Less, nondeductible expenses

0

0

  Less, change in valuation allowance

136

15,778

Net refundable amount

0

0

 

The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows:

 

November 30, 2011

November 30, 2012

Deferred tax asset attributable to:

Net operating loss carryover

$136

$15,924

Less, Valuation allowance

-136

-15,924

Net deferred tax asset

0

0