Jun 6, 2026 – 5.00amSome of Australia’s most senior religious leaders have joined forces to warn the Albanese government that its planned 30 per cent minimum taxes on trusts and capital gains will wipe out a potential $3 billion in donations to not-for-profits.Nineteen religious leaders from Christian, Catholic, Muslim and Hindu organisations have jointly written to Treasurer Jim Chalmers warning that a planned new tax on discretionary trusts could have substantial implications for philanthropic giving.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Religious leaders warn Albanese about $3b tax hit to trusts
Faith groups, charities and community organisations warn that a planned new tax on discretionary trusts could have substantial implications for philanthropic giving.
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