Small businesses face costly choice over Labor's proposed trust tax

small business trusts taxation

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Labor's proposed 30% minimum tax on trust distributions impacts 210,000 small businesses.
Restructuring relief is offered, but clarity on state stamp duty and accounting costs is needed, creating a difficult choice for businesses.

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Labor's proposed 30% minimum tax on trust distributions impacts 210,000 small businesses. Restructuring relief is offered, but clarity on state stamp duty and accounting costs is needed, creating a difficult choice for businesses.

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