6 Income Taxes	12 Months Ended
Dec. 31, 2011
6 Income Taxes [Abstract]
6 Income Taxes	6 INCOME TAXES The Company has net operating loss carry-forwards in China of approximately $2,000,000 which expire between 2012 and 2014. The Company has a deferred tax asset resulting from the tax loss carry-forwards of approximately $500,000 for which the Company has provided a 100% valuation allowance.

6 Income Taxes

12 Months Ended

Dec. 31, 2011

6 INCOME TAXES

The Company has net operating loss carry-forwards in China of approximately $2,000,000 which expire between 2012 and 2014.

The Company has a deferred tax asset resulting from the tax loss carry-forwards of approximately $500,000 for which the Company has provided a 100% valuation allowance.

- Definition

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.

+ References

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

CHINA YILI PETROLEUM CO 10-K