Hi,
I have two properties which are under discretionary trust. And I am the only beneficiary. I am in South Australia. Because of the tax reform 26/27, in order to reduce the minimum 30%tax, what are the cost do I need to pay to change discretionary trust to company? Do I need to pay stamp duty? Also, if I change the discretionary trust to fix trust, what's the cost? For me, what's the best option to reduce the 30%minimum tax? Change to company or fix trust? Thanks!