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Hannes Snellman has added tax to its office in Copenhagen with the recruitment of Nikolaj Bjornholm, who was a partner of Bech-Bruun. He specialises in cross-border transactions for international and domestic industrial and private equity clients, structured products and tax controversy.

Renata Dluska The amendments to the Polish tax acts concerning personal/corporate income entered in force on January 1 2011 and to provide many substantial changes for business. The changes come from a requirement to offer an equal tax status to entities with seats in EU/EEA territories and Polish companies. As a result of an infringement procedure by the European Commission against Poland, the discriminatory treatment of foreign investment and pension funds will be deleted. As a consequence, the income earned both by Polish as well as funds with seats on the territory of other EU/EEA countries will enjoy the exemption from corporate taxation. However, among other requirements, the exclusion covers only funds being taxable persons on their worldwide income.

The Chartered Institute of Taxation (CIOT) and five other tax and accountancy bodies have written to the UK Exchequer Secretary, David Gauke, asking him to reconsider the timing of plans for the compulsory use of a new computer language for submitting company accounts to HM Revenue & Customs (HMRC) from April 1.

Tax commanded the headlines in 2010 as governments sought to enforce rules more strictly in an attempt to get to grips with budget deficits and the issue of the ethics of tax avoidance became mainstream. International Tax Review looks forward and highlights what taxpayers need to be aware of during 2011.

Developing transfer pricing policies for IP migration requires a patient, diligent and thorough approach, believe Keith Reams, Mark Nehoray and Emily Dickert of Deloitte.

Vladimir Kotenko The first Ukrainian codified tax statute took effect on January 1 2011. The Tax Code represents one of the most ambitious and controversial legislative initiatives of 2010. Though it underwent substantial transformation during the last six months, it remains far from being the document that the businesses desired.

Ersun Bayraktaroglu Baran Akan The tax environment is one of the reasons why Turkey and Istanbul are favourable locations in Europe for real estate development, despite the global financial crisis and local sensitive political issues.

The treaty amendment will lead to greater cooperation On the April 16 2009, Cyprus and Russia signed a protocol to amend the double taxation treaty (DTT) from 1998. The final version of the protocol was signed on October 7 2010. The new protocol has received much publicity in recent months and this is not surprising since it promises to bring about significant to the two countries tax regimes. Although the 1998 DTT created a reciprocal trading and investment relationship between the two countries, Cyprus was included in 2008 in the Russian tax authorities' list of offshore states alongside 53 other countries. The list essentially barred Cypriot subsidiaries of Russian companies obtaining a tax exemption on their dividends.

Vicente Bootello In December the Spanish Government approved certain measures on tax, labour, social security and deregulation to foster investment and job creation. This legislation was enacted with a view to continuing and bolstering the policy for the growth of the Spanish economy and increasing its competitive position through measures to support business activity. The measures will govern tax periods beginning January 1 2011.

The UK government has issued informal proposals about further changes to its Carbon Reduction Commitment Energy Efficiency Scheme (CRC).