Cone Marshall is a New Zealand law firm spearheaded by Geoff Cone and Karen Marshall. Established in 1999 with their headquarters in Auckland, they have provided professional legal services to both local and international clients for more than a decade.
This firm is the sole law firm in New Zealand that specializes in international trusts and tax planning. They are well-known for providing services to various business organizations as well as those who are in need of assistance with regards to local and international tax laws.
Their current clientele is mostly made up of private banks, institutions, attorneys, and advisors. Their clients are also comprised of individuals, businesses, and organizations located outside of New Zealand that are in need of assistance in planning for their respective clients. Aside from their expertise in tax-related matters, the firm also provides wealth planning, structuring advice, as well as trust and trustee management services.
These services are especially beneficial to residents of New Zealand who are subjected to strict tax laws that are in adherence with the country’s tax transparency and anti –money laundering efforts. Cone Marshall aids New Zealand residents who are trustees of foreign trusts to comply with the necessary requirements in settling funds as mandated by the government.
Currently, there are 39 double tax agreements in New Zealand and 20 tax information exchange agreements with various countries. These agreements were all designed to lessen tax impediments and prevent tax evasion and avoidance.
With the rigorous tax system in New Zealand, it cannot be considered a tax haven. However, it is considered a safe and reliable place for individuals and organizations to build and base assets as well as set-up foreign trusts. The growth of foreign trusts directed to New Zealand can be attributed to the country’s respectable and stable legal system and business sectors.
It is a must for individuals to seek out the services and advice of a reputable law firm such as Cone Marshall due to the number of complicated procedures and laws that must be completely understood by clients. The firm’s expertise in such matters will be vital to the success of the trust’s management.
Furthermore, reputable New Zealand lawyers and accountants who specialize in operating foreign trusts and international taxes contribute to the country’s stellar reputation amongst taxation experts and the Organisation for Economic Cooperation and Development (OECD).
With Cone Marshall being the only law firm that specializes in foreign trusts and tax planning in New Zealand, they can be considered a key player in the growth of foreign trusts, and the rise of the country’s global reputation.