What does LOB stand for?

Limitation of Benefit (insurance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Limitation of Benefits (LOB) Canada has agreed to apply the LOB provisions present in other U.

Commentary on the Canada-U.S. Tax Treaty's Fifth Protocol

Business if such business is not conducted through a permanent establishment (PE) in the United States (assuming the limitation of benefits article in the Treaty is not applicable).

Tax alert: time is running out for certain ULCs, LLCs and partnerships

Generally, the foreign insurer has to meet certain limitation of benefits provided by the treaty.

Are taxpayers properly paying the federal foreign insurance excise ...

Limitation of Benefits As noted in our prior discussions of the Protocol, the Protocol also amends Article XXIX(A) of the Convention to introduce reciprocal limitation of benefits provisions designed to address so-called "treaty shopping" by limiting treaty benefits to residents of Canada or the U.

Technical Explanation To Canada-U.S. Protocol Released

The Limitation of Benefits Article: Introduced by the Protocol, this Article contains some provisions valuable to the financial services sector provided an active business is conducted.

Barbados - An International Financial Centre With Tax Treaties