anticonduit
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English
[edit]Etymology
[edit]Adjective
[edit]anticonduit (not comparable)
- (finance) Prohibiting conduits.
- 2010, Brian Dooley, International Taxation in America:
- 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.