Jun 27, 2026 – 5.00am
Demand for an already popular wealth holding structure is set to surge after the government opened a loophole in its own plan to reduce tax minimisation by family trusts.
Following a fierce backlash from estate planning lawyers, Prime Minister Anthony Albanese permanently exempted discretionary testamentary trusts from the 30 per cent minimum tax rate on all other types of discretionary trusts that will start in 2028.
Loading…