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Insights
Tax reform – introducing a minimum tax on discretionary trusts
The Government announced it will introduce a 30% minimum tax on discretionary trusts. The minimum tax will apply at the trustee level. Non-corporate beneficiaries who are presently entitled to a share of the net income of the trust will be able to claim a non-refundable income tax credit for the tax paid by the trustee on that income.
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ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING (AML/CTF) LAWS
Sales Highlights, Property Management, The Property Paper
Under the strict Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws overseen by AUSTRAC, real estate agents, conveyancers, and lawyers must perform mandatory Customer Due Diligence (CDD) on all property sales transactions.
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STRATEGIC OFF-MARKET SALES
Sales Highlights, The Property Paper
With a solid end to the 2025-2026 financial year MIGLIC DEAN transacted a number of off-market and on-market sales, with astute buyers securing strategic properties for their portfolios.
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