Exit taxation (also known as an exit fee, exit payment, compensation payment or exit charge) is a payment made for discontinuation of certain economic activities within corporate groups, required in many tax jurisdictions by transfer pricing regulations. Within the European Union, exit taxation is provided for in Article 5 of Directive 2016/1164 of 12 July 2016 "laying down rules against tax avoidance practices that directly affect the functioning of the internal market".