arm's length


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arm's length

A distance intentionally kept from something or between something, equal (literally or figuratively) to an arm's span. Typically used in the phrase "keep at an arm's length." Nancy has been keeping me at an arm's length ever since she found out I was gossiping about her. You're filthy from that game, please stay an arm's length away from me! You can watch me cook, but stay at arm's length in case any hot oil spurts out of the pan.
See also: length
References in periodicals archive ?
In some situations, relatives can be considered to be at arm's length if the circumstances of their employment are substantially similar to those that would exist if they were dealing at arm's length.
Analyzing a panel dataset of US foreign affiliate sales and US exports to unaffiliated parties, we find that cultural distance negatively affects arm's length affiliate sales but positively affects arm's length exports.
Similar to the section 482 regulations, the Organization for Economic Cooperation and Development (OECD) Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrators ("OECD guidelines") endorse the arm's length principle as the international standard for the evaluation of intra-group pricing.
Bush pere may have even blanched at seeing the unsuccessful oilman in the baseball business, greeting fans in the stands but reportedly at arm's length from crucial business decisions.
This case serves as a reminder to CPAs that they must base all valuations on the price that would be obtained in an arm's length transaction between a willing buyer and a willing seller with neither party forced to participate.
Prior to completion of the Acquisition Wolfden is not a Non Arm's Length to the Company.
True taxable income is determined using the standard of a taxpayer dealing at arm's length with an unrelated party.
If any one or more of the tracked properties are not owned by the NRE, the only exception from tracking entity status is if it is reasonable to conclude that any investment property owned by the NRE (or an entity that does not deal at arm's length with the NRE), or substituted property, could be used to satisfy the right to receive the tracked property payment.
The new regulations' guiding principle is that transactions between related entities should have the same results as those between two unrelated entities dealing at arm's length.
It is proposed that $450,000 worth of arm's length debt will be settled for Units on the same terms as described above.
In determining true taxable income, "the standard to be applied in every case is that of a taxpayer dealing at arm's length with an uncontrolled taxpayer" (Regs.
Section 482 of the Internal Revenue Code requires that the payment for intangibles be arm's length and commensurate with income.
The onus is on the tax authority to prove whether the TP is at arm's length.
to establish transfer prices in accordance with the arm's length principle.