The government just told you what kind of property investor it wants you to be
The trust tax rules have now been rewritten three times but Helen Tarrant, founder of Unikorn Commercial Property, writes that the concession is the least interesting part of the story, and the pattern behind it should change how every property investor assesses their own portfolio.
Contributor Helen Tarrant's first commercial property investment was hugely successful venture in the hospitality sector. (Image source: ArtEvent ET/Shutterstock.com)
In early September, the Treasurer blinked again.
Draft legislation released on 3 September gives discretionary trusts an escape hatch from the new 30 per cent minimum tax imposed on discretionary-trust income from 1 July 2028.
Elect to make fixed distributions to pre-nominated beneficiaries and you’re exempt. No need to restructure into a company, no state stamp duty, rollover relief if you restructure anyway, and franking credit refunds for be…
