Toby Eggleston
@tobyeggleston
surfer, skier, tax lawyer. Host of the Herbert Smith Freehills Kramer tax podcast.
PSA: People who put comments in bubbles rather than marking-up the document: not my people
PM yesterday on people putting forward ideas for tax reform: “We’re not saying these are the conditions you can put them up”. Treasurer 2 weeks ago: Here are the 3 pre-conditions you need to satisfy before we will consider them.


“Let me tell you a little story? I once knew a guy who could have been a great developer, could have gone 10X, all he needed was a little time and practice. Decided to go to Playground AI instead. Went for four days, did pretty well. At the end of his four days, he was kicked…

Claude on the phone to the customer
🚨 JUST IN. Anthropic gave Claude $1000 to run a shop. It lost money every single day. But that's not the crazy part. It rejected 566% profit margins and gave away inventory while claiming to wear business clothes. If you think AI will replace workers, you need to see this:
How will the US's One Big Beautiful Bill Act affect international tax relations? Join Graeme Cooper and I as we discuss section 899 on the latest episode of the Herbert Smith Freehills Kramer Tax Bites podcast. Now with sound effects! open.spotify.com/episode/7f3olj…
Me after listening to the end of the latest free episode of the @downroundpod

Our thoughts on the tax implications for Australian taxpayers of the One Big Beautiful Bill. TL/DR: it’s not good hsfkramer.com/notes/taxaustr…
Can anyone workout how this figure of $14k of tax concessions on a $3m super balance is calculated? If the “concession” is what the earnings would be taxed at 47% (ie a difference of 30%) that implies earnings of $46.6k. A 1.5% return on a $3m balance seems unrealistic I…

I love you Joe but this post did not age well
With the dialing back of tariffs and the stock market recovery, this has got to be the trough of the various sentiment surveys. They gotta go up from here.
In which I give my 2 cents on the impact of Div 296 and angel/ESVCLP funding.
Startup and VC industry experts are warning that the Albanese government's plan to tax unrealised gains on superannuation funds will create a "bizarre contradiction" with existing tax incentives designed to boost investment in Australian startups capitalbrief.com/article/labors…
Chef’s kiss here from @benedictevans on “The week in tech law”.

Just in time for your long weekend the new Herbert Smith Freehills Tax Podcast is up! Professor Graham Cooper and I discuss policy announcements, tax changes for businesses and individuals, and what might be around the corner. podcasts.apple.com/au/podcast/tax…
This is how the current tariff policy process appears to me.

This aged well
Using a chess analogy, Trump has decided to go straight to the end game with Ukraine. This is my interpretation of the just-announced potential tariffs on autos, semis and pharma starting on April2 as well as today’s post about Zelensky. In the last 24 hours, he has put…