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Tax changes to discretionary trusts are likely – what is happening and why are some Australians upset?

Most Australians don’t use trusts, but the government’s planned changes to the tax status of them has proven controversial Get our new political email , free app or daily news podcast The Albanese government on Wednesday introduced into parliament rules that will place a minimum 30% tax on income received from discretionary trusts. It is the latest legislation from what Jim Chalmers, the…

Tax changes to discretionary trusts are likely – what is happening and why are some Australians upset?

We haven't written up this one. The Guardian Australia has the full story — the link below goes straight to it.

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