Global Clean Energy Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Note 11 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

Dec. 31, 2013

Rate Reconciliation
	2013	2012
Federal income tax (benefit) at statutory rate (34%)	$(2,552,000)	$(1,114,000)
State income tax (benefit) , net of federal benefit	(100,000)	12,000
Foreign income tax benefit	-	7,000
Losses allocated to preferred members of GCE Mexico	1,971,000	1,151,000
Losses allocated GEHD	15,000	22,000
Share-based compensation	38,000	54,000
Expiration of operating loss and research credit carryforwards	-	75,000
Other differences	5,000	(2,000)
Change in valuation allowance	623,000	$(205,000)
Income tax benefit	$-	$-