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Switzerland Delays Cryptocurrency Tax Information Sharing Until 2027
BlockBeats News, November 28, according to Cointelegraph, Switzerland has postponed the implementation of rules for automatically exchanging cryptocurrency account information with overseas tax authorities until 2027 and is still deciding with which countries to share data. The Swiss Federal Council and the State Secretariat for International Finance stated on Wednesday that the Cryptocurrency Asset Reporting Framework (CARF) rules will still be written into law as planned on January 1, 2026, but will not be implemented until at least one year later. The department added that the Swiss Government Tax Committee "has suspended deliberations on which partner countries Switzerland intends to exchange data with based on CARF," which is the reason for the delay. The government announcement also emphasized a series of revisions to local cryptocurrency tax reporting laws and transitional provisions aimed at "facilitating" domestic cryptocurrency companies' compliance with CARF rules.
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