Glossary entry

English term or phrase:

arm's length

Indonesian translation:

memenuhi prinsip kewajaran dan kelaziman usaha

Added to glossary by Richard L. Weiss
Jan 31, 2015 13:20
9 yrs ago
21 viewers *
English term

"arm's length"

English to Indonesian Law/Patents Law: Contract(s) Contracts
As in an "arm's length" transaction. Or, on "arm's length" terms.

Example:

Each related party transaction shall be on arm's length and commercially reasonable terms.
Change log

Jan 31, 2015 13:39: Richard L. Weiss changed "Language pair" from "Indonesian to English" to "English to Indonesian"

Jan 31, 2015 13:44: Richard L. Weiss changed "Language pair" from "English to Indonesian" to "Indonesian to English"

Jan 31, 2015 13:45: Richard L. Weiss changed "Language pair" from "Indonesian to English" to "English to Indonesian"

Jan 31, 2015 13:45: Richard L. Weiss changed "Language pair" from "English to Indonesian" to "Indonesian to English"

Jan 31, 2015 13:47: Richard L. Weiss changed "Language pair" from "Indonesian to English" to "English to Indonesian"

Feb 2, 2015 04:40: Richard L. Weiss changed "Edited KOG entry" from "<a href="/profile/1083499">Richard L. Weiss's</a> old entry - "\"arm\'s length\""" to ""memenuhi prinsip kewajaran dan kelaziman usaha""

Proposed translations

+1
8 mins
Selected

memenuhi prinsip kewajaran dan kelaziman usaha

"prinsip kewajaran dan kelaziman usaha" is the term the Directorate General of Tax uses in its transfer pricing regulations for "arm's length principle"
Peer comment(s):

agree Irma Wildani Anzia
2 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you."
12 hrs

nir hubungan istimewa

The arm's length principle (ALP ) refers to a condition in a transaction in which the buyers and sellers of a product act independently and have no relationship to each other. This concept is to ensure that both parties in the deal are acting in their own self interest and are not subject to any pressure or duress from the other party.
Ref: http://www.investopedia.com/terms/a/armslength.asp
Example sentence:

Dalam melaporkan SPT Badan PPh, perusahaan wajib melampirkan adanya pihak-pihak yang hubungan istimewa dengan Perusahaan.

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17 hrs

bertindak secara mandiri, tidak ada paksaan, ataupun hubungan istimewa dan berkedudukan sejajar

Peer comment(s):

neutral ErichEko ⟹⭐ : Bisa diringkas menjadi: independen dan setara untuk menunjukkan (a) tidak ada saling pengaruh; (b) kedudukan sejajar.
51 mins
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