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10-K - USChina Venture I Incventure110k2012.htm
EX-32 - USChina Venture I Ince32.htm
EX-31 - USChina Venture I Ince31.htm
EXCEL - IDEA: XBRL DOCUMENT - USChina Venture I IncFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - USChina Venture I IncR9.htm
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v2.4.0.6
Note 6 - INCOME TAXES
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Note 6 - INCOME TAXES

 

                                            As of December 31, 2012

 

Deferred tax assets:

           Net operating taxes carry forwards           $ 2,500

                                   Other                      0

           Valuation allowance                          (2,500)

           Net deferred tax assets                          $ 0

 

Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carry-forwards are expected to be available to reduce taxable income. As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance.

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