{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/43cb255e-85c9-40ee-a603-77006371b15f/6a744b9572138046c65d2879?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Proposed minimum tax on discretionary trusts","description":"<p>Following the May 2026 Federal Budget announcement to introduce a 30% minimum tax on discretionary trusts from 1 July 2028, Treasury released a consultation paper in early July.</p><p><br></p><p>In this podcast, Craig Day and Linda Bruce discuss how the proposed reforms could significantly affect clients who operate businesses or hold investments through discretionary trust structures, potentially resulting in higher tax liabilities and changes to existing planning strategies.</p>","author_name":"Craig Day"}