A Massachusetts trust company is adding billions of dollars with a secret weapon -- a Cayman Islands-style tax haven, also known as New Hampshire

Fiduciary Trust Company is sheltering billions of dollars in a Granite State subsidiary to take advantage of the state's low tax burden.

Author Oisin Breen February 10, 2021 at 3:48 AM

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FTNE is in Manchester, N.H., an old textiles town in a state with a history of being a haven for 'Taxachusetts' just to the south that it can now exploit.

Fiduciary Trust Company

A Massachusetts trust company is adding billions of dollars with a secret weapon -- a Cayman Islands-style tax haven, also known as New Hampshire

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