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The arm's length principle (ALP) is the condition or the fact that the parties of a transaction are independent and on an equal footing. [1] Such a transaction is known as an "arm's-length transaction".
Non-arm’s length transactions. A non-arm’s length transaction is one in which the seller and buyer have a pre-existing relationship, whether it’s business-related or personal. This is ...
International Valuation Standards defines market value as "the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion".
For undifferentiated products such as commodities, price data for arm's-length transactions ("external comparables") between two or more other unrelated parties may be available. For other transactions, it may be possible to use comparable transactions ("internal comparables") between the controlled party and unrelated parties.
An arm’s-length transaction in business deals means the seller and buyer are independent of each other. READ MORE: Miami-Dade charity sells homes of incapacitated people. Only a few know about it
The valuation of a property is typically determined by an appraiser, but a better measure is an arms-length transaction between a willing buyer and a willing seller. Typically, banks will utilize the lesser of the appraised value and purchase price if the purchase is "recent" (within 1–2 years).
Intel Foundry will obviously make the processors that Intel Product develops but via arm’s-length transactions. Intel Foundry’s other customers get strict confidentiality, and everyone’s ...
The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code, as well as in bankruptcy laws, in many state laws, and by several regulatory bodies.