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.

The proposed minimum tax for trusts will impose harsh tax penalties on beneficiaries of testamentary discretionary trusts, ...

Controversial changes to widely used testamentary discretionary trusts, hidden within the budget papers, became the centre of a political tax contest sparked by Labor’s sweeping reforms to raise $77bn ...

The changes to trusts are a major part of Labor’s latest budget. So how can you expect to be affected, if at all?

Labor MPs are gearing up for a hard sell on the impact of the federal government's tax changes on some small businesses, ...

The Albanese government’s minimum 30 per cent tax rate on discretionary trust distributions is designed to close a longstanding loophole that enables business owners to split and allocate income to ...

If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us Follow our Australia news live blog for latest ...

A perennial tension in trust law concerns the extent to which trustees may accede to a settlor's wishes to maintain secrecy over the existence of a trust and its beneficial class. This article ...

Wealthy will-makers now have a high-stakes decision to make: use a discretionary trust for its superior asset protection or opt for a fixed testamentary trust for the tax advantages. The federal ...

Under new budget measures, family trusts are set to be hit with a minimum 30 per cent tax rate. The new rule will also apply to the most common form of estate planning trust: the Testamentary ...