home country

(B)The term “home country” means, with respect to a qualified business unit (as defined in), the country in which the principal office of such unit is located and in which such unit is licensed, authorized, or regulated by the applicable insurance regulatory body to sell insurance, reinsurance, or annuity contracts to persons other than related persons (as defined in section 954(d)(3)) in such country.

Source

26 USC § 953(e)(6)(B)


Scoping language

For purposes of this section
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