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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".
In the UK, the term quango covers different "arm's-length" government bodies, including "non-departmental public bodies" (NDPBs), non-ministerial government departments, and executive agencies. [ 2 ] In its pejorative use, it has been widely applied to public bodies of various kinds, and a variety of backronyms have been used to make the term ...
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“I took offence at the phrase ‘arm’s length’, as detailed in my response dated 8 July 2010.” Following an exchange of letters, Sir Ed and Mr Bates met in October that year.
Tester praised Vice President Harris when she became President Biden’s running mate back in 2020, but he has kept her 2024 presidential bid at arm’s length.
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 ...
With one eye closed, the artist can, by sliding a thumb up or down the brush handle, take the measure of an object or interval. This finding is compared against other objects or intervals, with the brush still kept at arm's length. Informed by such measurements, the artist can paint what the eye sees without the use of conventional perspective ...
Louis attempts to patch his relationship in several episodes, failing miserably and actually putting Harvey at arm's length. Defeated, and intent on proving his worth to his friend, Jessica provides him that opportunity when she offers him a chance to invalidate the sale of Wexler stocks so that the firm never bought them and prevent the SEC ...