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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
3‑105 Meaning of Arm’s Length Principle3‑105 Meaning of Arm’s Length Principle
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3‑105 Meaning of Arm’s Length Principle
The Arm’s Length Principle is the principle under which transactions between Constituent Entities of the same MNE Group must be recorded by reference to the conditions that would have been obtained between independent enterprises in comparable transactions and under comparable circumstances.