Family trusts run deep, page-16

Just keep making Australia a socialist (welfare) country - one tax at a time!  How disappointing?!!!

@raiderup I don't understand which side of the fence your argument is at - ... anyway Norway has quite low taxes compared to Australia with the company tax rate at 25% and the top personal tax rate at 38% (made up of a base of 24 % paid by everyone plus high income tier of 14%). A lower tax rates seems to work well for them

http://taxsummaries.pwc.com/ID/Norway-Individual-Taxes-on-personal-income
https://home.kpmg.com/xx/en/home/in...tivity-tax-proposals-in-2017-budget-plan.html