Cone Marshall is New Zealand’s best Foreign Trust Experts

Cone Marshall aids their clients in managing their international assets and tax planning. Cone Marshall was established in 1999 and is currently located at the Parnell House, Level 3, Auckland 1151, New Zealand. The heads of this law firm are Karen Marshall and Geoffrey Cone. Geoffry Cone has been an expert in international taxes since the 1980’s. He has been recognized by the ICLG as an ideal lawyer. Karen Marshal joined the firm in 2005 after her extensive career in London at at law firm dealing with Commercial Litigation. She is still currently advising statutory trustee companies and has plenty of experience managing trusts.

The Cone Marshall law firm dominates the market in foreign trusts in New Zealand. The law firm is one of the oldest law firms that specialize in international tax advice.

Geoffry Cone published popular articles in 2012 arguing that New Zealand is not a tax haven. Instead, New Zealand has very transparent tax policies and subscribes to the 2002 Organization for Economic Co-operation and Development (OECD) Model Agreement on Exchange of Information on Tax Matters. This tax organization is considered to be the gold standard for governmental tax transparency. Since 2006, the New Zealand government mandates that the trustee of a foreign trust has to submit a Foreign Trust Disclosure form (IR607) to the IRD. This includes deeds, details of settlements, names and addresses, details of their assets, and the expenditures and income of the trustee. The New Zealand’s government have become more aggressive in enforcing these rules to prevent international money laundering.

New Zealand now has double taxation agreements in 39 other nations. These agreements are to prevent any tax inconsistencies for the collection of taxes with both New Zealand and the partner government. New Zealand has also made agreements with 20 other nations to exchange tax information to prevent citizens from hiding money in offshore havens. The information exchange agreements are not as powerful as double taxation agreements, but they can be useful in the event of audits or prosecution of money launderers.

Check out Cone Marshall’s website to find out more about the company and its services.

Advantages of Stock-Based Loans over Typical Loans

According to an article published on July 12th, 2016 by INDIANAPOLIS, IN, banks and other financial institutions have tightened lending criteria. Equities First Holdings is taking advantage of that situation by lending money to people who need to raise capital quickly as well as those who do not qualify for more conventional credit-based loans. Equities First Holdings is a firm that offers alternative shareholder financing solutions all over the world. It is the leading lender globally.

Even if these borrowers still have some options left, most banks have reduced lending options for borrowers, increased interest rates and have made loan qualifications tighter than before. The founder and CEO of EFH, Al Christy says that loans collateralized by stocks will be an innovative alternative for borrowers looking for working capital. Stock-based loans offer certainty to borrowers throughout their transaction life because they have fixed interest rates and a higher loan-to-value ratio as compared to margin loans.

Christy explains that a typical loan with a term of three years has market fluctuation, unlike a stock-based loan that offers a hedge since borrowers lower their investment risk in a downside market. According to Christy, stock-based loans have non-recourse feature, which allows borrowers to walk away from the loan anytime they want, even if the value of the stock depreciates. That means that the debtor can keep the proceeds from the initial loan without any further obligations to the lender.

Margin loans have variable interest rates, and they require the money to be used for given purposes. Note that the lender can liquidate borrower’s collateral without prior notice in the event of a margin call. Loan-to-value ratios are between 10 and 50%. However, stock-based loans have ratios of 50 to 75%. Stock-based loans do not have any restrictions so borrowers can use the money for any purpose. Their interest rates are also fixed.

About Equities First Holdings

Equities First Holdings, LLC was established in 2002. Since its establishment, Equities has been offering alternative financing solutions and supplying capital against publicly traded stocks.

Since its establishment, the lending company has completed close to 700 transactions globally. It serves global companies and high-net-worth people. The transactions are worth over $1.4 billion, with low fixed interest rates loans.

Visit http://www.equitiesfirst.com/ for further information.