Arm’s length principle: Difference between revisions
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imported>Doug Williamson m (Categorise.) |
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[[Category:Accounting,_tax_and_regulation]] |
Latest revision as of 11:06, 28 February 2018
When a transaction between two related or affiliated parties is conducted and priced as if they were unrelated, so that there is no question of either:
- A conflict of interest, or
- Tax avoidance.