On 17 July 2016, the Czech government submitted legislation to parliament for the implementation of amendments made to the EU Directive on administrative cooperation in the field of taxation (2011/16/EU) concerning the exchange of cross border tax rulings and advance pricing agreements (APAs). The amendments to the Directive were made by Council Directive (EU) 2015/2376, which was approved 8 December 2015 ({News-2015-12-10/A/2- previous coverage}). Individual EU Member States need to adopt the laws, regulations and administrative provisions necessary to comply with the new requirements by 31 December 2016, with the automatic exchange of tax rulings and APAs to begin 1 January 2017.

The legislation must be approved by parliament and signed into law by the president before entering into force.