If we choose among the examples, we will choose remit for Profit to H.O.
In the strict sense, the money in the account 00100671470 is not profit.
The money is refunding of excess input value added tax payment.
HHI Thailand Branch has received tax refund of THB 25,309,506.32 on 29th May 2014.(“See the attachment.”)
And HHI Thailand has spent the money as operating expenses of HHI Thailand Branch office until now.
We have completed PTT-Spur Project, so the balance of the bank account of Thailand Branch must be transferred to the the bank account of head office.
As we explained above, the money is not profit, but refund of excess input value added tax.
Once again, We would like you to cooperate with us for the transaction.