Switzerland to Share Crypto Tax Data with 74 Countries by 2027

Switzerland plans to share crypto tax info automatically with 74 countries, including the UK and EU members. This move aims to boost tax transparency.

The Swiss Federal Council adopted a bill on June 6 to exchange crypto data with partner countries. The list covers most G20 nations but skips the US, Saudi Arabia, and China.

The bill is now in Parliament. If passed, the sharing system will start January 1, 2026. The first data exchange should happen in 2027.

Before sharing data, Switzerland will check if partner countries still meet standards. Only countries that want to share and meet rules will join.

The system follows OECD’s Crypto-Asset Reporting Framework (CARF). The EU will also apply this under its DAC 8 directive.

Swiss crypto service providers must report directly to EU states from 2026. This will last until Switzerland fully aligns with EU rules.

This plan helps Switzerland keep tax transparency promises, boost its finance reputation, and create fair competition for local crypto firms.