Could Labor's trust tax be as much as 60 per cent? Yes, but there's a reason

As reported by ABC Australian Capital Territory · Updated 19 Oct, 19:50 · Archive

Labor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.

Could Labor's trust tax be as much as 60 per cent? Yes, but there's a reason — Image: ABC Australian Capital Territory

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Could Labor's trust tax be as much as 60 per cent? Yes, but there's a reasonLabor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.ABC Australian Capital Territory · 19 Oct, 19:50