Australia Imposes 30 Percent Minimum Tax on Discretionary Trusts From 2028
Australia's Treasurer Jim Chalmers introduced legislation Wednesday imposing a 30 percent minimum tax on discretionary trusts from July 2028. University of New South Wales Associate Professor Dale Boccabella called current trust usage "bordering on a joke," citing cases where infants receive tax-free allocations.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 15 Oct 2026, 04:45 UTC · Updated 15 Oct 2026, 04:50 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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