Income Tax Disclosure |
12 Months Ended |
|---|---|
Jul. 31, 2023 | |
| Notes | |
| Income Tax Disclosure | 5. INCOME TAXES
The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of July 31, 2023. All tax years since inception remains open for examination by taxing authorities. |