Do you think that Australia will retain the current situation of no death duties/inheritance tax?
I think this entire area of the law is under active review. Labor has only signalled one aspect of their reforms and people are in a colossal tizz.
Until we have the full reform package I don't think anyone can be smug their measures for tax minimisation will continue in their current form. It's like squeezing a balloon. Something gives at the other end....unless you take it on as a whole.
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- Labor's Proposed Changes to Fanking Credits Tax Refunds
Labor's Proposed Changes to Fanking Credits Tax Refunds, page-26
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