Family Trust Distribution Tax – General Interest Charge Remission Window

Lester Ong02 Mar, 2026Legal

On 28 August 2025, the ATO’s Assistant Commissioner (Private Wealth Division) stated that the ATO was seeing an increase in Family Trust Distribution Tax (FTDT) issues due to inadequate record keeping; succession planning; intergenerational expansion of businesses; and the evolution of private groups. The ATO states that it has been working to raise the awareness of FTDT applying to historical distributions.