Discretionary trusts crackdown short-sightedBY KARREN VERGARA | FRIDAY, 4 AUG 2017 11:21AMThe Labor government's proposed crackdown on discretionary trusts is "short-sighted" and "anti-family" given the broader tax system isn't operating on a level playing field, an industry expert says. Related News |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
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Being short-sighted and family-unfriendly is a bad thing when you are deciding on a budget for an educational institution. People have to pay much tax already. If they see no changes to the tax system, they will have to look for other resources of education. Thanks for sharing the story. It's good to know where the country is at and what should you do to keep on track with the events.