Legal
A Massachusetts trust company is adding billions of dollars with a secret weapon — a Cayman Islands-style tax haven, also known as New Hampshire
After doubling in size, the Fiduciary Trust Company's New Hampshire subsidiary now accounts for almost a fifth of its administered assets — six years after it built the Cayman Island-style tax haven on the Merrimack River. New Hampshire levies no income, capital gains, asset protection, estate tax, or sales tax,…
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