Binding Decision

(redirected from Binding Rulings)

Binding Decision

1. A decision that binds the parties affected by it and that they may not appeal. A binding decision may be the result of arbitration, the appeal to the highest court possible or a decision by a regulatory agency.

2. See: Binding authority.
References in periodicals archive ?
HMRC used to give binding rulings on an individual's domicile.
This ruling means that so long as they retain links with the country where they are claiming domicile then the chances of HM Revenue & Customs giving them a binding ruling on domicile are greater.
provides formal and informal entries, brokerage consulting, transportation arrangements, binding rulings requests, in-bonds, export services, as well as detailed management reports and other special customer brokerage requests.
Of the 15 respondents, 11 stated that they are aware of the possibility of obtaining binding rulings from the German tax authorities; only 2 companies have attempted to obtain such rulings.
Furthermore, while almost all the respondents are aware of the possibility of obtaining binding rulings from the German tax authorities, such rulings play a very small role in their German tax-planning activities.
Alan Kessman, President and Chief Executive Officer of the Company, further stated, "The Tribe and UniStar are confident that the Idaho District Court will uphold the valid and binding rulings of the Tribal Court.
In the light of this Regulation, the functions of the Authority are to give opinion and advice to the CBO on Sharia matters related to Islamic banking business, to give binding rulings in the matters, submitted to it through CBO, on Fiqh disputes between Sharia supervisory boards of different Islamic banking entities, to give opinion on Sharia compliance of the transactions between Central Bank and Islamic banking entities, which include opening of accounts, providing finance, sale and purchase and issuance of Islamic financial instruments etc.
A non-resident or certain categories of resident can obtain binding rulings from the Authority on question of law or fact arising out of any transaction/proposed transactions which are relevant for the determination of his tax liability.
This unit is also expected to provide binding rulings to businesses that provide investment plans.
Providing legal tools to promote facilitation and compliance with customs, trade and border security requirements through: the issuance of all CBP regulations, legally binding rulings and decisions, informed compliance publications and structured programs for external CBP training and outreach on international trade laws and CBP regulations.
Likewise, critical commercial programs like Binding Rulings, Remote Filing, and Focussed and Importer Self-Assessments must be administered uniformly.
The bargaining process now moves to "conciliation", where final and binding rulings on contractual items are made by a conciliator appointed by the State Employment Relations Board.