Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity.

Family trusts will be whacked with a minimum 30 per cent tax from 2028 as the Albanese government takes a sledgehammer ...

Should some of Australia’s more than 1 million family and small business trusts face higher taxes in future, bringing them ...

Media speculation is that Labor may seek to revive the minimum tax on trust distributions first proposed in 2017 by then ...

Anthony Albanese’s mission to give younger Australians a “fair crack” in the tax system has a new target: the use of trusts ...

Australians are being forced to rethink the way they invest in property and shares as the Albanese government finalises the ...

Here is a taste of what Australian businesses can expect in a budget that the government says will be its “most responsible” ...

What’s being proposed?: Reports suggest a 30% minimum tax on discretionary trust distributions, potentially affecting hundreds of thousands of trusts. Who could be hit?: Small businesses, farmers, and ...

The Albanese government is reportedly considering a minimum 30% tax on discretionary trust distributions in the upcoming May ...