ABC News Australia
AsiaPac · 2 hrs ago
✦ 75◉ Centre
Wealthy use trusts to pay less tax, but does budget change go too far?
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Credibility 75/100
Partisan intensity 45/100
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◉ Centre ✓ Fair headline
Australia's federal budget introduces a 30 per cent minimum tax on discretionary trusts, with experts warning the measure will affect middle-income earners, not just the wealthy.
Wealthy use trusts to pay less tax, but does budget change go too far?
The federal budget includes a new 30 per cent minimum tax on discretionary trusts. Experts say it is not just the ultra-wealthy that will be hit.
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