The Autumn Statement introduced a number of anti-avoidance measures to take immediate effect, including changes to the CFC finance company exemption, a restriction on double tax relief claims and changes to the debt cap rules. At the EU, the CJEU has given its decision on the third reference in the FII group litigation and the Commission has proposed amendments to the EU Parent-Subsidiary Directive. France has seen a second package of tax measures under its 2014 Finance Bill, Spain is introducing new reporting requirements which will take effect in the new year and in Germany the recently published coalition agreement includes an outline of the fiscal plans of the coalition parties.
