The Treasury on 31 March 2023 released for consultation an Exposure Draft Law and related Draft Explanatory material with respect to the Intangible Integrity Measure. The measure is part of the Multinational Tax Integrity Package announced in the 2022-23 Budget. It seeks to deny the tax deductibility of payments made directly or indirectly by an Australian significant global entity (SGE) to an associated person with respect to the exploitation of intangible assets, to the extent this results …