Swiss Delays Crypto Tax Reporting Until 2027 Amid Legislative Hurdles

Switzerland has postponed the automatic exchange of cryptocurrency account data with foreign tax authorities until at least January 2027. The Swiss Federal Council confirmed the delay, citing unresolved political and technical challenges despite the legal framework being set to take effect in 2026.

New domestic reporting requirements for firms will still commence in 2026, but cross-border data sharing under the OECD’s Crypto-Asset Reporting Framework (CARF) faces setbacks. A parliamentary committee suspended work on finalizing partner states, delaying reciprocity agreements with 74 pre-approved jurisdictions, including EU members and major economies.

The pause underscores the complexities of global crypto tax coordination. Market participants gain temporary relief, but the phased rollout signals Switzerland’s commitment to aligning with international standards—eventually.