The Czech Ministry of Finance is currently consulting on proposals for the implementation of Council Directive (EU) 2016/1164 ({News-2016-06-22/A/2- previous coverage}). The Directive includes anti-avoidance rules in five areas, including interest limitation rules, exit taxation rules, a general anti-abuse rule (GAAR), controlled foreign company (CFC) rules, and hybrid mismatch rules. In general, the Ministry of Finance is planning to implement measures in line with the Directive. However, with respect to interest limitation rules, each Member State has a degree of flexibility based on certain options included in the Directive, for which the Ministry of Finance is planning a more strict...