arm's length

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Related to Arm's length principle: Arms length
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Arm's length - a distance sufficient to exclude intimacyarm's length - a distance sufficient to exclude intimacy
distance, length - size of the gap between two places; "the distance from New York to Chicago"; "he determined the length of the shortest line segment joining the two points"
References in periodicals archive ?
Simplified procedures exist, according to which the transactions of financing companies pursuing a purely intermediary activity are deemed to comply with the arm's length principle if the company under review receives a minimum return of 2% after tax on assets.
TEI commends the OECD for its work on the application of the arm's length principle to cross-border commodity transactions in the Discussion Draft.
Keywords: transfer pricing, tax avoidance, intangibles, arm's length principle, profit allocation
Namibia introduced transfer pricing legislation in 2005, aimed at enforcing the internationally accepted arm's length principle in cross-border transactions carried out between connected persons.
This aim could be achieved by setting aside domestic rules and using the new Article 7 of the OECD Model Convention as a paradigm to establish an international consensus for the capital structure of both permanent establishments and subsidiaries in line with the arm's length principle.
Transfer pricing and the arm's length principle in international tax law.
In a multilateral context the arm's length principle was formulated for the first time in Article 6 of the League of Nations draft Convention on the Allocation of Profits and Property of International Enterprises in 1936.
But implementing the arm's length principle is easier said than done.
Under such circumstances the arm's length principle is preferred (Sekulic Grgic, 2005), according to which efforts are being made to determine a price agreed between independent subjects within a same or comparable transaction.
Loans can only be given at an arm's length principle.
The point of the arm's length principle is to ensure that politicians - most of whom do not have artistic sensibilities - are not allowed a say in which artists should receive public funding, and how much.
The courts counter that the politicians should operate an arm's length principle.