Congratulations! It’s a birth tax
We’ve had the widow’s tax and the super tax - now there’s a birth tax hidden in the federal Government’s shakeup to the way trusts work. The Australian’s revealing today the changes could make it harder for tradies and small business owners to hand over to a new generation.
Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel.
Labor’s trust tax reform creates ‘newborn tax’
Commentary by Robert Gottliebsen: Treasurer’s trust tax changes risk ‘long-term disaster’ for families…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.