arm's length

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  • noun

Words related to arm's length

a distance sufficient to exclude intimacy

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References in periodicals archive ?
The second main area of concern in subsection 247(2) is its adoption of a "tax benefit" test to determine whether the "quantum or nature" of amounts should be adjusted by substituting an arm's length transaction that achieves the same effect for that undertaken by the parties.
There was a betrayal of trust here, not just an arm's length transaction,'' said Los Angeles County Deputy District Attorney Lea Purwin D'Agostino.
This arm's length transaction is subject to a due diligence review and approval by the CRC Board of Directors and is to be completed on or before June 30th, 2006.
For VAB purposes, market value is the unencumbered fee simple estate of a property as if offered to the market in an arm's length transaction on January 1st of the calendar year.
This case serves as a reminder to CPAs that they must base all valuations on the price that would be obtained in an arm's length transaction between a willing buyer and a willing seller with neither party forced to participate.
The Mexican tax law currently requires that transfer-pricing arrangements between Mexican subsidiaries and their foreign parent companies reflect those which would occur between inde pendent parties in an arm's length transaction.
2 million if the city follows its 45 percent of value rule, which it has been reluctant to do when an arm's length transaction is not in its favor.
In general, New York courts have consistently held that a waiver of subrogation provision contained in a lease negotiated between two sophisticated parties in an arm's length transaction is valid and enforceable, provided the intention of the parties is clearly and unequivocally expressed.
in an arm's length transaction, the commercial property located at 5872, Leger blvd.