Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.
The highest authority in Switzerland issued a public consultation for its plans to adopt global standards for crypto tax reporting to “ensure equal treatment” as traditional assets.
The Federal Council — a group of seven members that collectively head the Swiss government — intends to implement the Crypto-Asset Reporting Framework (CARF) to improve tax transparency.
On May 15, the Federal Council launched a consultation paper to gauge public sentiment around joining the Automatic Exchange of Information (AEOI), a cooperation between international tax administrations to fight tax evasion. Switzerland’s extension into the AEOI is currently slated for Jan. 1, 2026.
