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Trust Tax Overhaul Flagged as a Direct Risk for Brokerages Running Discretionary Trusts

This story is from 2026-09-21. It is preserved in the archive; the latest stories are on the live feed.

TL;DR The federal government proposes a 30% minimum tax on discretionary trust distributions, announced at the May Budget. Trusts can make a one-off election to nominate fixed beneficiaries and keep current tax treatment. Breaching that election triggers the top marginal rate, up to 47%, plus the M…

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  1. 2026-09-21 23:08 · DEV Community — AI
    Trust Tax Overhaul Flagged as a Direct Risk for Brokerages Running Discretionary Trusts

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