Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


What is the definition of an arms length transaction in South Africa?



What is the definition of an arms length transaction in South Africa?

TaxTim TaxTim says:
27 November 2013 at 7:55

The basic definition is one where the transaction has been concluded at an amount and on the terms which would have been agreed upon between willing buyers and sellers. So effectively complete strangers to the transactions who have no extras added to the transaction.

This entry was posted in Tax Q&A Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.