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Articles on Family trusts

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ACOSS says over 90% of investment in negatively geared housing stock applies to existing properties. Paul Millar/AAP Image

Include a crackdown on trusts in tax reform: ACOSS

The Australian Council of Social Service has called for the tax treatment of private trusts to be tightened, which it says could save $1.5 billion in 2017-18.
Can everyone be a winner from comprehensive tax reform? Image sourced from Shutterstock.com

Tax reform - can we ALL win?

Just what are the issues we need to watch when it comes to tax reform? Read this explainer.
The Commission of Audit may miss the true picture if it looks only at cutting costs. Image sourced from www.shutterstock.com

To cut fairly, Commission of Audit should look at tax expenditures

In the lead-up to a crucial federal budget in May, it could be argued that requiring the Commission of Audit to identify revenue trends that could pose a risk to the budget’s structural integrity could…
Tax benefits have made family trusts an increasingly popular financial arrangement. Image from www.shutterstock.com

Time for policymakers to address tax benefits from family trusts

Family trusts have featured heavily as part of recent media reporting of the circumstances of two very high-profile families: the Rineharts and the Obeids. Of course, these are not the only families that…