20 June 2016 the EU Council agreed on the Anti Tax Avoidance Directive. This Directive will implement some of the OECD’s recommendations regarding base erosion and profit shifting and adds extra anti-tax avoidance measures that are not part of the OECD BEPS project.
The EU Member States should implement the Directive effective 1 January 2019. However the exit taxation provisions can be postponed to 1 January 2020. The implementation of the interest deduction limitations can be postponed until 1 January 2024.