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propertyupdate.com.au > labor-has-backed-down-on-its-trust-tax-changes-but-family-trusts-still-face-a-difficult-choice

Labor has backed down on its trust tax changes, but family trusts still face a difficult choice

1+ week, 10+ hour ago   (1687+ words) Labor's proposal remains an exposure draft and has not yet become law. From 1 July 2028, affected discretionary trusts would generally face a 30 per cent minimum tax at the trustee level. Existing trusts could avoid that tax by making a one-off election…...