Family farms are likely to be exempt from a proposed 30% tax on discretionary trusts, with legislation expected to pass unchanged.

Around 37,000 trusts are used by operators nationwide to manage long-term succession planning.

Rural reporter Gabrielle Hodson caught up with National Farmers Federation chief executive Mike Guerin to find out more.

Family farms are likely to be exempt from a proposed 30% tax on discretionary trusts, with legislation expected to pass unchanged.
Around 37,000 trusts are used by operators nationwide to manage long-term succession planning.
Rural reporter Gabrielle Hodson caught up with National Farmers Federation chief executive Mike Guerin to find out more.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.