Cook IslandsWealth Management
Synopsis:
The Cook Islands International Trusts Act 1984 (as amended) ("the Act") creates a flexible tax effective environment in which the familiar English common law trust concept can be used for tax and estate planning and asset protection purposes.. An international trust is defined as a trust registered under the Act and in respect of which the beneficiaries are non-residents of the Cook Islands and one of the trustees is a licensed trustee company or a Cook Islands international company. All information pertaining to an international trust is confidential and subject to the secrecy provisions of the Act.
Exemption from taxation:
The trustee(s), beneficiaries, protector and settlor of a Cook Islands international trust are exempt from any form of taxation and duty in the Cook Islands.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
