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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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Accounting-7797748.doc

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...

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