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As published in the May edition of Tax Management International Journal

In brief

On 31 March 2023, the Australian government released draft legislation and an explanatory memorandum regarding a new anti-avoidance measure, which prevents large multinational enterprises from claiming tax deductions for payments relating to intangibles ‘‘connected with low corporate tax jurisdictions’’. Ethan Kroll and Simone Bridges discuss the mechanics of the new anti-avoidance measure and its implications in their article, A Hammer in a World of Nails: Australia’s New Anti-Avoidance Measure Targeting Payments for Intangibles (52 Tax Mgmt. Int’l J. No. 5 (5 May 2023).

Click here to read the full article.


Simone is a partner in the Sydney office of Baker McKenzie. She is ranked by Legal 500 as a Next Generation Partner and is listed as a Women Leader in Tax by the International Tax Review. Simone is also an author and contributor to Thomson Reuters and CCH tax commentary. She has been a guest speaker at University of Sydney and the University of New South Wales, and is a regular panelist and presenter at Global Taxation Executive Institute events, the Global Tax Disputes Forum and the Asia Pacific Tax conference.


Ethan Kroll is a partner in the Los Angeles office and a member of the Firm's tax practice group. He contributes regularly to the Tax Management International Journal's Leading Practitioner Commentary and speaks frequently on international tax issues. Previously, he was a principal at a Big Four accounting firm.

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