Meanings
- not comparablebusinessProhibiting 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
Origin
Cite this entry
anticonduit. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/anticonduit
“anticonduit.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/anticonduit. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “anticonduit,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/anticonduit.
Source: anticonduit on Wiktionary, CC BY-SA 4.0.