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Type of Agreement Country Country Date Signed Double Taxation Agreement France Panama September 8 2010 Double Taxation Agreement Italy Panama September 8 2010 Double Taxation Agreement Luxemburg Panama September 8 2010 Double Taxation Agreement Portugal Panama Septmeber 8 2010 Double Taxation Agreement Spain Panama Septmeber 8 2010 Tax Information Exchange Agreement Antigua and Barbuda Netherlands September 9 2010 Tax Information Exchange Agreement Aruba Netherlands September 9 2010

The European Council of Finance Ministers (Ecofin) meeting in Brussels last week failed to make progress in discussions on a financial transactions tax.

The new assistant director of taxation at the Institute of Chartered Accountants of Scotland (ICAS) will be responsible for corporate and international tax policy, including UK competitiveness and simplification.

A formal programme of joint audits by tax administrations may be on the way.

The Ukraine parliament has decided to withdraw the version of the draft tax code it had approved in June 2010. As a result no draft tax code exists.

Peter Chrenko has been appointed leading partner of PricewaterhouseCoopers' tax controversy and tax policy & administration practices in the Czech Republic.

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $151 million Actis Vlisco Group Hogan Lovells Acquisition $77 million Marwyn Materials Breedon Holdings Limited Freshfields Bruckhaus Deringer Jenny Doak Acquisition Undisclosed Facebook Octazen Solutions Fenwick & West Tim Fitzgibbon Acquisition Undisclosed Metacafe Action Sports Fenwick & West Adam Halpern Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Financing of a plant $475 million Artenius Sines Uría Menéndez If you would like to raise the profile of your firm, please send deal information to Jack Grocott (jgrocott@euromoneyplc.com).

The Federal Court of Canada has issued an order stating that it is within the court's jurisdiction to prohibit the Canada Revenue Agency (CRA) from issuing an assessment or reassessment against a taxpayer.

The Argentine Supreme Court of Justice ruled in Hermitage v Ministry of Economy that Law no. 25,063, which establishes a tax on presumed minimum income (TPMI), or impuesto a la ganancia minima presunta, is unconstitutional.

Two taxpayers have each won separate, but related, cases in the US Tax Court on whether the UK windfall tax is creditable for US federal tax purposes.