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7 August 2026

Labor’s small business chief warns of trust tax hit

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Source reporting: https://www.bing.com/news/search?q=Australia&qft=sortbydate%3d%221%22&format=rss

Labor’s small business chief warns of trust tax hit

About 350,000 small businesses operate through discretionary trusts, but many of these structures will need to be unwound due to potential double taxation.

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