Tax problem:

Problem 8 Mr. and Mrs. Grand are married with one child, Noah, who is 16 years old. Mr. Grand owns his own business, which he operates out of a company called Father Inc. He owns all the shares. Mrs. Grand owns her own business, which she operates out of a company called Mother Inc. She owns all the shares of this company. Identify, with reference to the Act, who is: - Related - Affiliated - Arm's length