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#familytrust

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☮ ♥ ♬ 🧑‍💻<p>Day 31 cont 💰 😳😱 🎩👨‍⚖️🧑‍⚖️🏛️</p><p>“Family trust blitz threatens ‘financial ruin’ as <a href="https://ioc.exchange/tags/ATO" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ATO</span></a> goes back decades: </p><p><a href="https://ioc.exchange/tags/Wealthy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Wealthy</span></a> families are being hit with huge bills for <a href="https://ioc.exchange/tags/unpaid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unpaid</span></a> <a href="https://ioc.exchange/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> and <a href="https://ioc.exchange/tags/penalties" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>penalties</span></a> as the Australian Taxation Office uses sweeping <a href="https://ioc.exchange/tags/powers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>powers</span></a> to <a href="https://ioc.exchange/tags/investigate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investigate</span></a> taxes on family trust distributions dating back more than 30 years. …</p><p>The crackdown is associated with what are known as <a href="https://ioc.exchange/tags/FamilyTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FamilyTrust</span></a> elections and the payment of family trust distributions tax dating back to 1998, when the tax was first introduced to combat <a href="https://ioc.exchange/tags/TaxAvoidance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxAvoidance</span></a> schemes.”</p><p>I cannot believe 🥔🤓 hasn’t mentioned and weaponised this ATO action. A tax policy might have uncovered this? </p><p><a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AusPol</span></a> / <a href="https://ioc.exchange/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxation</span></a> / <a href="https://ioc.exchange/tags/elections" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elections</span></a> &lt;<a href="https://archive.md/c6l94" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">archive.md/c6l94</span><span class="invisible"></span></a>&gt; / &lt;<a href="https://www.afr.com/policy/tax-and-super/family-trust-blitz-threatens-financial-ruin-as-ato-goes-back-decades-20250429-p5lv2p" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">afr.com/policy/tax-and-super/f</span><span class="invisible">amily-trust-blitz-threatens-financial-ruin-as-ato-goes-back-decades-20250429-p5lv2p</span></a>&gt;</p>
☮ ♥ ♬ 🧑‍💻<p>Day 29 🥔🤓💰💰💰💰🏘️🏘️🏘️🏘️ 📹📺 📑👩‍💻👨‍💻</p><p>“Opposition Leader <a href="https://ioc.exchange/tags/PeterDutton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PeterDutton</span></a> failed to declare for two years his <a href="https://ioc.exchange/tags/interest" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>interest</span></a> in a <a href="https://ioc.exchange/tags/FamilyTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FamilyTrust</span></a> that operated lucrative <a href="https://ioc.exchange/tags/ChildcareBusinesses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChildcareBusinesses</span></a> when he was a <a href="https://ioc.exchange/tags/CabinetMinister" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CabinetMinister</span></a>, a <a href="https://ioc.exchange/tags/FourCorners" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FourCorners</span></a> <a href="https://ioc.exchange/tags/investigation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investigation</span></a> has found.</p><p>Documents obtained by Four Corners and ABC Investigations show that while Mr Dutton's register of interests disclosed his wife <a href="https://ioc.exchange/tags/Kirilly" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kirilly</span></a>'s interests in childcare operations at the time, he did not declare between 2014 and 2016 that he was a beneficiary of the <a href="https://ioc.exchange/tags/RHTFamilyTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RHTFamilyTrust</span></a> that owned the businesses, as required by parliamentary rules.</p><p>The investigation also analysed more than 20 years of property records tied up in complicated and opaque trust structures and found that the Dutton family, with Peter Dutton's father <a href="https://ioc.exchange/tags/BruceDutton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BruceDutton</span></a>, made almost $15 million in profit from <a href="https://ioc.exchange/tags/buying" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>buying</span></a> and <a href="https://ioc.exchange/tags/selling" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>selling</span></a> private childcare <a href="https://ioc.exchange/tags/businesses" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>businesses</span></a> as well as dozens of <a href="https://ioc.exchange/tags/residential" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>residential</span></a> <a href="https://ioc.exchange/tags/property" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>property</span></a> deals.”</p><p>Remember the quote about not listening to the ABC? The Family Trust issue is a measure of <a href="https://ioc.exchange/tags/character" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>character</span></a> according to Judge <a href="https://ioc.exchange/tags/MargaretWhite" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MargaretWhite</span></a>.</p><p><a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AusPol</span></a> / <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Liberal</span></a> / <a href="https://ioc.exchange/tags/Nationals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Nationals</span></a> / <a href="https://ioc.exchange/tags/Coalition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coalition</span></a> / <a href="https://ioc.exchange/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> / <a href="https://ioc.exchange/tags/LNPCrimeGang" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LNPCrimeGang</span></a> / <a href="https://ioc.exchange/tags/TrueColours" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrueColours</span></a> &lt;<a href="https://www.abc.net.au/news/2025-04-28/peter-dutton-failed-to-disclose-interest-in-family-trust/105217880" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-04-28/pet</span><span class="invisible">er-dutton-failed-to-disclose-interest-in-family-trust/105217880</span></a>&gt; / &lt;<a href="https://www.abc.net.au/news/2025-04-25/true-colours/105218118" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-04-25/tru</span><span class="invisible">e-colours/105218118</span></a>&gt;</p>
☮ ♥ ♬ 🧑‍💻<p>Day 19 cont 💲💰💰💰💰💰💰💰</p><p>“Documents have revealed <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Liberal</span></a> candidate for the seat of <a href="https://ioc.exchange/tags/Kooyong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kooyong</span></a>, who has campaigned on the rising cost of living, is a <a href="https://ioc.exchange/tags/beneficiary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>beneficiary</span></a> of a $20 million <a href="https://ioc.exchange/tags/FamilyTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FamilyTrust</span></a>.</p><p>The documents were posted to social media by a volunteer for Ms <a href="https://ioc.exchange/tags/AmeliaHamer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AmeliaHamer</span></a>'s main rival in the seat, incumbent teal MP Monique Ryan.”</p><p><a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AusPol</span></a> / <a href="https://ioc.exchange/tags/LNP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LNP</span></a> / <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Liberal</span></a> / <a href="https://ioc.exchange/tags/Coalition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coalition</span></a> / <a href="https://ioc.exchange/tags/wages" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>wages</span></a> &lt;<a href="https://abc.net.au/news/2025-04-17/amelia-hamer-trust-fund-monique-ryan-kooyong/105185290" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">abc.net.au/news/2025-04-17/ame</span><span class="invisible">lia-hamer-trust-fund-monique-ryan-kooyong/105185290</span></a>&gt;</p>