Comment on The 'death tax' debate is back. So what do Australians really pay when they die?
Longmactoppedup@aussie.zone 1 week ago
Good. Go after trusts.
At a former workplace of mine, I overheard the directors discussing how their family trusts worked to minimise tax. These guys were on around a million dollar a year. (Publicly listed company)
I remember one saying, don’t worry, the government will never change the laws on trusts as they all use them too.
Never thought this labor govt would grow a spine, but it appears that’s slowly happening.
auzy1@lemmy.world 1 week ago
Yeah, my ex boss was the same. He used one because it reduced tax
Trusts are 100% tax dodging