anticonduit

adj

anticonduit

adj

Etymology From anti- + conduit.

1

Business, Finance Prohibiting conduits.

A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost.2010, Brian Dooley, International Taxation in America:

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