Czech Republic

From 2020, the following measures transposing the European Union (EU) Anti-Tax Avoidance Directive (ATAD) have come into effect:

• Hybrid mismatches, effective for tax periods commencing on/after 1 January 2020
• Exit taxation, effective for tax periods commencing on/after 1 January 2020.

The rest of the ATAD rules became effective already in April 2019, i.e.:

• Interest deduction limitation rule, effective for tax periods that commenced on/after 1 April 2019
• CFC rules, effective for tax periods that commenced on/after 1 April 2019.