# Corporation Tax Act 2010, Section 357ND: Transactions treated as being on arm's length terms


In accordance with the separate enterprise principle, transactions between the company's NIRE and any other part of the company are treated as taking place on such terms as would have been agreed between parties dealing at arm's length.

---
Source: https://www.legislation.gov.uk/ukpga/2010/4/section/357ND (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-357ND
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.