Arms Length

by Tax Guy - Burlington Accountant on February 11, 2010 Print This Post Print This Post

Persons or entities are at arms length if they are independent and there is no undue influence of one over the other.
For a more detailed explanation of the terms for personal and business relationships please see the CRA interpretation bulletins:
IT419R2 Meaning of Arm’s Length and IT64R4 – Corporations: Association and Control

About The Tax Guy...

Dean Paley CGA CFP is a Burlington accountant and financial planner who services individuals and business owners locally, nationally and internationally. Dean has appeared in the National Post, Toronto Star and Metro News.

To find out more, visit Dean's website Dean Paley CGA CFP or connect via Twitter @DeanPaleyCGACFP.

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