Switzerland delays crypto tax information exchange launch until 2027
Switzerland has postponed the launch of the automatic exchange of crypto-asset tax information (CARF) at least until 2027, despite the rules coming into effect on January 1. This delay is significant because it impacts international tax cooperation on cryptocurrency assets.
Source Cointelegraph
The postponement is due to the suspension of discussions about partner countries for data exchange. As a result, the timeline for the actual start of tax information sharing remains uncertain. Previously, the Swiss National Bank invested $213 million in shares of public companies actively accumulating Bitcoin.
This delay provides Switzerland with additional time to finalize international cooperation arrangements but introduces uncertainty for the crypto sector and tax authorities. It is expected that information exchange will remain a critical issue in the future development of crypto regulation.
