Hello good people, Interested in hearing your personal opinions / general advice on the best way to structure the following - at this stage I'm thinking 2 companies and 1 discretionary trust: Discretionary Trust | Parent Company (holding company? trustee company?) | Online Business Already earning a salary of ~$100k and would like to minimise the tax on the profit from the online business, hopefully not having to pay the marginal rate of personal income tax after already paying 10% GST and the 30% company tax rate. Is this where a discretionary trust is useful? Want the parent company to own the online business and have the option of the parent company owning other businesses, investments etc. in the future. From a public perspective the online business should appear independent from the parent company. The online business needs to be a Pty Ltd and the parent company to also be a Pty Ltd. Is it possible for only one person to have this stucture without any other directors, shareholders, employees, family members? Also, what tax liability is incurred if the online business was sold? Hope this makes sense, appreciate any response.