Define: Arm’s Length Basis
Arm’s Length Basis means a transaction between two parties without conflicting interests, conducted as unrelated entities.
Arm’s Length Basis means a transaction between two parties without conflicting interests, conducted as unrelated entities.
Relevant Circumstances
- When parties want to evidence a transaction is on commercial terms
- If transfer pricing rules require arm's-length consideration
- Where related-party deals must be benchmarked against independent comparables