Hahaha I don't think it is at Arm's Length at all but I do however think it was an Arm-in-Arm Transaction
Arm's Length vs. Arm-in-Arm Transactions
In general, family members and companies with related shareholders are not considered to be transacting at arm's length. These types of deals are also known as arm-in-arm transactions.
For example, it's unlikely that a transaction involving a father and his son would yield the same result as a deal between strangers, because the father may choose to give his son a discount.
transfer pricing, assures that each country collects the appropriate taxes on the transactions.
Key Takeaways:
The parties involved in an arm's length transaction usually have no pre-existing relationship with each other.
These types of deals in real estate help ensure that properties are priced at their fair market value.
Deals between family members or companies with related shareholders are not considered arm's length transactions.
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Held
