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, ...

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

The federal government wants to impose a minimum 30 per cent tax rate on discretionary trusts, including those established at death, known as "testamentary trusts". The Coalition claims taxing ...

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

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 ...

Thousands of families have been left in legal and financial limbo following budget changes to trusts, as it emerged small businesses could face stamp duty bills if they try to restructure their assets ...

The opposition has dusted off an infamous scare campaign. So what exactly is changing?