Associated enterprises: adjustments to profits where related-party conditions differ from arm's length, permitting inclusion of unrealized profits. Where enterprises are associated enterprises by direct or indirect participation in management, control or capital, or by common persons participating in ... Summary
Associated enterprises: adjustments to profits where related-party conditions differ from arm's length, permitting inclusion of unrealized profits.
Where enterprises are associated enterprises by direct or indirect participation in management, control or capital, or by common persons participating in those functions, and conditions between them in commercial or financial relations differ from those between independent enterprises, any profits which would have accrued but for those conditions may be included in the profits of the enterprise and taxed accordingly.
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