07-14-2010, 03:56 PM
Dear All,
Thanks for the discussion here on the subject. It is for your information that the Company A has become agreed to revise its sales tax return by changing its sales to C.
Now A commpany will do following things to support Company C;
1. Revise its sales tax return to change the buying party name from B to A.
2. Issue invoice on the name of C directly.
3. A will issue standing instuctions to C to make payment to B on behalf of A.
Company C has negotiated with B for its profit share to its satifaction.
Therefore, in the new structure of transaction role of B is totally written off except the receiving of payments on behalf of A.
Regards,
*
Thanks for the discussion here on the subject. It is for your information that the Company A has become agreed to revise its sales tax return by changing its sales to C.
Now A commpany will do following things to support Company C;
1. Revise its sales tax return to change the buying party name from B to A.
2. Issue invoice on the name of C directly.
3. A will issue standing instuctions to C to make payment to B on behalf of A.
Company C has negotiated with B for its profit share to its satifaction.
Therefore, in the new structure of transaction role of B is totally written off except the receiving of payments on behalf of A.
Regards,
*
