ps and ALP estimates this will deliver an extra $4.1b in budget savings over 4 year forward estimates (that extra tax has to come from some where within the trust).Say what you like, there are borderline viable smsf's there would also be borderline viable discretionary trusts.
And just like smsf's,once they start making changes they generally continue.
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- Labor's Proposed Changes to Fanking Credits Tax Refunds
Labor's Proposed Changes to Fanking Credits Tax Refunds, page-22
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