https://www.taxtmi.com/acts?id=37384 The default arbitration procedure requires each competent authority to submit proposed resolutions limited to specific monetary dispositions or specified tax rates, may submit supporting papers and replies, and permits the arbitration panel to select one submitted resolution per issue by simple majority without providing a rationale; the decision has no precedential value. Alternatively, where Parties reserve the default, a documentary procedure applies in which panels decide under the Covered Tax Agreement (and, subject to it, domestic law), consider mutually agreed sources, and must provide written reasons citing the legal sources relied upon. en-us Tue, 20 Aug 2019 16:41:24 +0530 Mon, 10 Feb 2025 17:30:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37384 The default arbitration procedure requires each competent authority to submit proposed resolutions limited to specific monetary dispositions or specified tax rates, may submit supporting papers and replies, and permits the arbitration panel to select one submitted resolution per issue by simple majority without providing a rationale; the decision has no precedential value. Alternatively, where Parties reserve the default, a documentary procedure applies in which panels decide under the Covered Tax Agreement (and, subject to it, domestic law), consider mutually agreed sources, and must provide written reasons citing the legal sources relied upon. Act-Rules DTAA Tue, 20 Aug 2019 16:41:24 +0530 https://www.taxtmi.com/acts?id=37384