There was a flurry of activity on corporate tax reform at the end of 2010 and this article looks at the current status. The last remaining debt cap regulations have been laid before parliament and amendments to the primary legislation have now been enacted. The Court of Appeal has affirmed the High Court decision in the Test Claimants in the ACT Group Litigation (Classes 4 and 2) case. In Portugal the 2011 State Budget Law introduces some important tax changes. A number of significant tax changes were enacted in France at the end of 2010.
