Geoff Cone is a global attorney who works with families across the world who want to move to different destinations. There are many ways in which he can help them but he mostly advises them on the different taxes of the countries that they are planning to move to. This means that he has to learn a lot about the countries to be able to help people know where to move.
New Zealand is one of the countries that Geoff Cone comes across very frequently. He helps people who are making the decision to move to the country in that he advises them of different things when it comes to the country. He wants to make sure that people are aware of the taxes in the country and the different laws that they have for the taxes. He helps people to understand how New Zealand works with the taxes.
The country is one that participates in tax transparency. This means that they are totally open to all things taxes and they always advise their citizens on what the different taxes will be on a yearly basis. They also open up their taxes for other countries to look at so they can have an idea of what New Zealand is using the taxes for. This has allowed the country to have more success with their taxes and has allowed their citizens to put a higher level of trust in the country and what the government is doing for them.
Some people seem to think that New Zealand is a tax-free country. This is a misconception that needs to stop because it is causing people to move there and be disappointed. The people have probably confused tax transparency with tax havens. New Zealand is not a tax-free country and they have worked hard to fight this misconception. There are many things that the country does but having a country that does not have a tax system is not one of the benefits to the way that New Zealand works and to the citizens of the country that they are in.
Tax-free countries do exist, though. These are countries that have only a small amount of taxes for people to pay or that don’t have any taxes for their people to pay. The countries are all compiled into one list on a yearly basis. Geoff Cone helps to make this list and he wants people to know that they can get what they need from a tax-free country. He encourages all of his clients who are planning on making a move to a different country to check out the tax haven list for a great place for them to be able to move to.