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Trust funds are costing the taxman a ’staggering’ $3.5 billion every year

The Australia Institute has expressed concern about the numbers of Australians using trust funds to minimise their taxable income.

Trust funds are costing the taxman a ’staggering’ $3.5 billion every year
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  • Shared by ABC Online.
  • •
  • July 21, 2017
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  • 1 minute read
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Trust funds are costing the taxman a ’staggering’ $3.5 billion every year

A new report from the institute shows the tax man is missing out on roughly $3.5 billion a year.

Read the full article on ABC Online.

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