anticonduit en · ADJ
Etymology
From anti- + conduit.
Meanings
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(not-comparable) 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: