SMH ·general ·1 hour ago

Dozens of politicians set to be hit by new tax on trusts

Australia's government will introduce a 30 percent minimum tax on discretionary trusts, affecting around 70 federal politicians who use them for investment. Nationals MP Andrew Willcox holds 17 trusts, the most in parliament, while Coalition MPs generally use trusts more than Labor.

Summary by Glance · SMH

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