société de canalisation des bénéfices

OBS: Stratégie de fraude fiscale.

CONT: A company may be set up in connection with a scheme for tax avoidance whereby income is paid by a related company to such a company and redistributed by that company to its shareholders as dividends, interest, royalties, etc. There will normally be a favourable tax situation for the company in question through its being situated in a tax haven, or in a country which has a low rate of company taxation and beneficial tax treaties with other countries. The promoters of the company use the company as a ""conduit"" for the income which it is desired should be ""franked"", or taxed at a reduced rate under the avoidance scheme. Such companies are known as ""conduit"" companies.
OBS: Related term: base company.