Swiss Holdoff: Crypto Tax Reporting Won’t Start Until 2027

According to the Swiss Federal Council and government sources, Switzerland will postpone the automatic exchange of cryptocurrency account data with foreign tax authorities until at least January 2027.

That means the country will still pass new rules next year, but the cross-border sharing of crypto tax files will not start on schedule.

Delay Comes Despite Law Entering Into Force

Based on reports, the legal framework that brings crypto into the international tax reporting system is set to take effect on January 1, 2026.

Yet the step that actually lets Swiss authorities send data to other countries has been paused after a key parliamentary committee suspended its work on which partner states to include.

In practice, firms in Switzerland will face new domestic reporting duties in 2026, but the first round of international data swaps will wait until at least 2027.

Parliament Approved A List Of Partner States Earlier

Reports have disclosed that the Federal Council had previously prepared a list of 74 partner jurisdictions that would be eligible for automatic exchange under the OECD’s Crypto-Asset Reporting Framework (CARF).

That list was formalized in mid-2025, and it covers most EU member states plus the United Kingdom and other major economies that are ready to take part. But political talks and technical checks about reciprocity and rules have slowed the actual start of exchanges.

What Firms And Clients Will See

Crypto service providers in Switzerland will still need to register, carry out customer checks, and collect the information required by the CARF once the law is active.

Based on reports, that means exchanges and certain wallet providers must prepare files and be able to report holdings and transaction details when asked. For users, that makes holdings visible to tax authorities in partner countries once exchanges begin.

Major Countries Not Yet In The Initial Group

According to coverage of the issue, some big economies — for example the US, China and Saudi Arabia — are not included in the initial exchange group because they either have not aligned with CARF or do not have the necessary reciprocal agreements in place. That affects how broad the data sharing will be during the first year of exchanges.

Politics And Practical Checks Behind The Pause

Based on the Federal Council’s announcement and parliamentary notes, Swiss lawmakers and officials say they want to be sure the partner list meets legal and diplomatic standards before data leaves Swiss systems.

That has led the Economic Affairs and Taxation Committee to pause its deliberations while remaining issues are settled. The pause gives regulators time to double-check technical setups and the legal basis for exchanges.

Featured image from Unsplash, chart from TradingView

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