Home
Storia in 1 fonti
Labor’s raid on trusts hits much deeper than just tax
Advisers warn that Labor’s three-year rollover window on trusts is an Orwellian trap designed to strip investors of the main reason to have one: asset protection.
Raccontata da
afr.com
Timeline cronologica
- ·
The war on this 1000-year-old wealth structure is 40 years in the making
Historically used for everything from protecting knights to shielding women barred from property ownership, the discretionary trust now faces its ultimate test.
- ·
Labor’s raid on trusts hits much deeper than just tax
Advisers warn that Labor’s three-year rollover window on trusts is an Orwellian trap designed to strip investors of the main reason to have one: asset protection.
- ·
Trusts are under pressure, but this wealth structure escaped change
The budget will shake up the structures used by the wealthy. Trusts could be on the way out, but companies and superannuation retain their benefits.