INCOME TAX PROVISION
|9 Months Ended|
Feb. 28, 2022
|Income Tax Disclosure [Abstract]|
|INCOME TAX PROVISION||
10. INCOME TAX PROVISION
The income tax expense consists of the following:
SCHEDULE OF INCOME TAX EXPENSE
A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate for the period ended February 28, 2022 and 2021, is as follows:
SCHEDULE OF EXPECTED TAX EXPENSE (BENEFIT)
As of February 28, 2021, the Company recorded a full valuation allowance against the deferred tax assets due to insufficient evidence to support the utilization of these benefits.
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef