Words / C / Law

counteract

verb/ˌkaʊntərˈækt/

B1CEFR level
20/100Rarity: fairly common
TechnicalRegister

To nullify a tax advantage obtained through an abusive arrangement.

The general anti-abuse rule lets the authority counteract advantages secured by contrived schemes.

Similar: negate, neutralise

Topic: Tax law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tax law