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What is meant by the term "arms length" and how do you see it as important in tax planning?

This question was answered on Jan 05, 2012. View the Answer
What is meant by the term "arms length" and how do you see it as important in tax planning?

In a stock redemption would corporate and noncorporate shareholders have the same preference for tax treatment? Explain your response.

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Arms length is a term generally used for pricing products or services between two related
parties. This is cause of concern for international transactions where the transfer price is used
as a tax...

This question was asked on Jan 05, 2012 and answered on Jan 05, 2012.

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