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UAE Signs Global Crypto Tax Data Sharing Deal

The UAE moves closer to global crypto tax rules. They signed the CARF agreement, aiming to share crypto tax data automatically.

Timeline and implementation

The Ministry of Finance said the framework starts in 2027. Exchanges of info kick off in 2028. CARF strengthens transparency across borders.

Public consultation

The UAE launched a consultation for feedback from exchanges, traders, and advisory firms. It runs Sept. 15 – Nov. 8.

Global context

Fifty other countries, including New Zealand, Australia, and the Netherlands, joined CARF. Switzerland and South Korea also made moves to share crypto tax data.

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Written by 365Crypto

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