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testamentary trusts

Coverage of testamentary trusts in the Nexus archive.

Earliest in view: Jun 18 · 02:28 UTCMost recent: Jun 18 · 02:28 UTC
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  • BUSINESSJun 18 · 02:28 UTCTHE GUARDIAN WORLD
    Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

    Prime Minister Anthony Albanese announced 'generous' capital gains tax exemptions for Australia's 2.7 million small businesses, startups, and testamentary trusts after facing criticism over Labor’s tax reforms. The changes aim to address backlash against shifting from a flat 50% CGT discount model to an inflation-linked approach, which industry groups labeled a 'tax on growth'.