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powerbattles

07/11/15 4:57 PM

#31542 RE: CarlosII #31525

Thank you Carlosll. I do appreciated your input as well.
English is not my primary language so it very difficult for me to
share my thought in writing. However..I will do my best to answer your question.

Blackbird International corporation statement of earnings for April 30,2014 sales revenue 6 Mths total $316,872. Property, plant and equipment $1,665
I don't see documents show asset, property, plant, and equipment belong to Insight Group. If you or someone else find it then please share that info with us.

The question you ask it appearing on the articles link below.
How Do Subsidiaries Pay Revenue to Their Parent Companies?

Businesses can shelter different ventures by creating subsidiary companies. By breaking the business up into several different companies, owners reduce the risk of damage spilling over from one venture to another. Each subsidiary company maintains its own books and is legally formed. Splitting up your business might protect your various money-making efforts but it can introduce other issues. Getting the profits from each subsidiary back to the parent company depends on how tax law categorizes the family of companies.


http://smallbusiness.chron.com/subsidiaries-pay-revenue-parent-companies-77547.html