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Trusts tax reform set to go ahead under Labor

After first being announced in 2017, Labor’s proposed tax for discretionary trust distributions is shaping up to be a key election issue.

Trusts tax reform set to go ahead under Labor
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Trusts tax reform set to go ahead under Labor

About two years ago, opposition leader Bill Shorten announced that Labor would reform the taxation of discretionary trusts to prevent income from being allocated to household members in lower tax brackets.

Read more at the Accountants Daily.

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