• Non-arm's length sales

    Non-arm's length transactions may occur where a relationship exists between the parties to the transaction – for example, if the transaction involves:

    • an associated company
    • staff or shareholders
    • suppliers (such as grape growers who supply grapes to wine producers).

    If you have a non-arm's length transaction, your liability to WET (or entitlement to a WET credit) is taken to be the amount that it would have been if the transaction was at arm's length.

    See also:

    Last modified: 13 Feb 2017QC 22754