Fair Trust Reform is an independent policy initiative researching how discretionary trust taxation can achieve its integrity goals without imposing disproportionate costs on compliant, long-established family trusts.
A minimum tax aimed at high-wealth avoidance can still land badly on ordinary, compliant trusts when it meets existing law at these three points.
A federal CGT rollover doesn't waive State transfer duty. Restructuring out of a trust can still trigger a six-figure duty bill the rollover was meant to avoid.
A flat trustee-level tax bypasses individual tax-free thresholds. Retirees and student beneficiaries on low personal rates can end up paying more, not less.
Section 100A and PCG 2022/2 already separate genuine family dealings from artificial schemes. A blanket rate risks re-solving a problem the law already targets.
Our submission to Treasury supports the integrity goal of the July 2026 Consultation Paper, and proposes three refinements: an objective net-income floor, alignment with the existing testamentary trust carve-out, and coordinated Commonwealth–State restructuring relief.
Read the submissionEvery Fair Trust Reform release carries a permanent ID, a version, and a status. Nothing is published until it clears our privacy and evidence review.
