Search results
Results From The WOW.Com Content Network
An arm's length relationship is distinguished from a fiduciary relationship, where the parties are not on an equal footing, but rather, power and information asymmetries exist. It is also one of the key elements in international taxation as it allows an adequate allocation of profit taxation rights among countries that conclude double tax ...
A frequently-proposed [107] [108] alternative to arm's-length principle-based transfer pricing rules is formulary apportionment, under which corporate profits are allocated according to objective metrics of activity such as sales, employees, or fixed assets. Some countries (including Canada and the United States) allocate taxing rights among ...
Glaxo Group owned the Zantac trademark and would own it even if the appellant was an arm's length licensee. Zantac commanded a premium over generic ranitidine drugs. Glaxo Group owned the ranitidine patent and would have owned it even if the appellant had been in an arm's length relationship.
Relational contract theory was originally developed in the United States by the legal scholars Ian Roderick Macneil and Stewart Macaulay. According to Macneil, the theory offered a response to the so-called "The Death of Contract" school’s nihilistic argument that a contract was not a fit subject for study as a whole; each different type of contract (e.g., sales, employment, negotiable ...
In the United Kingdom, an arms-length management organisation (ALMO) is a not-for-profit company that provides housing services on behalf of a local authority. Usually, an ALMO is set up by the authority to manage and improve all or part of its housing stock. Ownership of the housing stock itself normally stays with the local authority.
Taylor Swift’s love songs are about universal ideas. But knowing Swift’s dating history helps us understand the specifics: Her exes reportedly helped inspire some of the lyrics.
[2]: 3 The relationship between government and the press was not as inherently adversarial and arms length as in modern times. In fact, prior to the establishment of the U.S. Government Printing Office (GPO), some newspapers were awarded contracts to print government publications and often supported the president in exchange.
Republicans say Pennsylvania Sen. Bob Casey's friends and family benefited from his political career, but his allies point to his commitment to ethics reform.