Sentences with phrase «deal at arms length»

[64] In Goett, at paras 10 - 11, this Court stated: «In determining the pre-tax income of a corporation for this [s. 18] purpose, all amounts paid by the corporation as salaries, wages or management fees, or other payments to or on behalf of persons with whom the corporation does not deal at arms length must be added, unless the shareholding spouse establishes that the payments were reasonable in the circumstances».

Not exact matches

RBS had also contemplated seeking to keep Henry Bath as a merchant deal after buying into the Sempra Commodities business in 2008, but ultimately decided that it would be better to divest Henry Bath than hold it at arm's length, according to a person familiar with the decision.

Mr. Trump also spoke at length about the standoff with armed protesters who last Saturday seized the headquarters at a federal wildlife refuge in Oregon, suggesting that he would have called the leader of the group to try to make a deal to end it — and would have acted against them if negotiations failed because «you can not let people take over federal property.»

Obviously these dubious characters must have liked his company a good deal better than they would have liked that of his critics, even if these had not held them at arm's length.

Although the story deals with emotionally wrenching themes, there is a coolness here which keeps us at arm's length.

A sale of property to a family member or someone who you are not dealing with at «arm's length» generally takes place — for tax purposes — at fair market value.

From the budget text: «These techniques involve capital gains being realized for the benefit of a minor on a disposition of shares of a corporation to a person who does not deal at arm's length with the minor.»

Keep your emotions at arm's length and approach every aspect of the deal rationally.

I believe that I need to deal with the science community at arms length because of my position as the decision maker on public funded grants.

«related person» means, in respect of a designated assessment centre, an owner, partner or another person who has a financial interest in the designated assessment centre, but does not include a person who has a financial interest in the designated assessment centre by reason only of being a creditor who deals at arm's length with the designated assessment centre.

That case held that for subsection 160 (1) to apply there must be: (i) a transfer of property; (ii) between parties not dealing at arm's length; (iii) for no consideration or for inadequate consideration; and (iv) the transferor must be liable to pay tax under the Act at the time of the transfer.

A statement showing a breakdown of all salaries, wages, management fees or other payments or benefits paid to, or on behalf of, persons or corporations with whom you do not deal at arm's length

All Persons resident in Quebec at the time of purchase and / or at the time of notice who purchased DRAM Products during the Settlement Class Period, except Excluded Persons and any legal person established for a private interest, partnership or association which at any time between October 5, 2003 and October 5, 2004 had under its direction or control more than 50 persons bound to it by contract of employment or that is not dealing at arm's length with Option consommateurs.

The Board of the Judicial Committee of the Privy Council (the «Board») considered that no statements or promises had been made that could lead to contractual liability or misrepresentation and suggested that in situations involving commercial parties dealing at arm's length, it would be extremely unusual for a duty of care to exist requiring a lender to disclose its internal lending policies.

I believe we see narrow economics - only decisions when the client and law firm are dealing at arm's length.

Number two: Even when dealing with a so - called «at - arms - length» insurance broker representative who ostensibly will choose the best policy for the best price applicable to the insured's particular needs from amongst all of the insurance companies that that brokerage deals with, the sad fact remains that some said broker reps will recommend / sell the package of a certain insurance company that pays the highest commission for said product / sale.

A smart best practice to implement is designating a coworker to handle these transactions, allowing you to keep the deal at arms - length.

Conduct your activities ethically, in complaince with laws, at arm's length, showing good intentions, protect yourself by keeping properties in good condition, act prudently and use insurance as mentioned, deal fairly and you should never end up in court or ever worry about how much equity you have established.

• How to speed up your deals and streamline your short sale package for faster approval using the new «pre - determined» hardship categories • Which current HAFA documents are no longer mandatory and how this will affect your current deals • What new anti-fraud affidavit you must provide both the buyer and seller to verify the HUD1 Statement is at arm's length • The condensed approval timeline servicers, which are now required to use, and how this change benefits your business • How your ability to negotiate will change with the new increase in available incentives for subordinate lien holders • Why you might experience a surge in investor business when the «prohibition against resale» is reduced from 90 to 30 days.