Changes to the Cook Islands Taxation System

On 29 November 2013 the Cook Islands Minister of Finance, the Honourable Mark Brown, outlined changes to the Cook Islands taxation and welfare systems. These changes will be progressively introduced, with commencement dates of 1 January 2014, 1 March 2014 and 1 April 2014. Additionally, there will be some transitional arrangements in regard to the Value Added Tax which will continue until 30 September 2014.

These changes will be legislated over two sessions of Parliament, the first being in early December, and the second in a proposed session in February 2014.

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