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Switzerland to Share Crypto Tax Data with 74 Nations Starting 2027

Switzerland to Share Crypto Tax Data with 74 Nations Starting 2027

Global Cryptocurrency
Release Time:
2025-06-07 05:37:01
0

Switzerland has approved a landmark plan requiring crypto firms to disclose customer asset details to tax authorities, marking a significant step toward global financial transparency. The framework, adopted June 6, 2025, will see data shared automatically with 74 partner jurisdictions—including all EU members and most G20 nations—beginning in 2027.

Crypto service providers must record client holdings by January 2026, with the Federal Council citing alignment with updated international standards. Notably absent from the partnership are the United States and Saudi Arabia, though officials emphasize the list may expand. Parliament's ongoing debate will finalize implementation timelines.

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