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Could Labor's trust tax be as much as 60 per cent? Yes, but there's a reason

Labor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.

Photo: ABC News

Labor's proposed trust tax could result in tax rates of 60 per cent in some circumstances as part of a crackdown on so-called "bucket companies" the government says are used to reduce tax.

Originally published by ABC News. Read the full story at the source →

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