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High-Purity Fact Pipeline
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High-Purity Fact Pipeline
Australian Labor Party, Australian Taxation Office (ATO)
Australia
May 20, 2026
Verified: May 20, 2026
"The Australian Labor Party is proposing a 30 per cent minimum tax on discretionary trusts. The government justifies this by citing hypothetical tax avoidance scenarios. Critics argue these scenarios involve practices already banned or targeted by the ATO."