Switzerland postpones the implementation of crypto tax information sharing to 2027

ChainCatcher news, according to Cointelegraph, the Swiss Federal Council and the State Secretariat for International Finance announced on Wednesday that the implementation of rules for the automatic exchange of cryptocurrency account information with overseas tax authorities will be postponed to 2027.

The Crypto-Asset Reporting Framework (CARF) rules will still be written into law as originally planned on January 1, 2026, but the implementation will be delayed by at least one year. The Swiss government stated that the reason for the postponement is that the tax committee has suspended deliberations on Switzerland's intended partner countries for data exchange under CARF. CARF is a global framework approved by the Organisation for Economic Co-operation and Development (OECD) in 2022, aimed at curbing tax evasion through crypto platforms by sharing cryptocurrency account data. Currently, 75 countries, including Switzerland, have signed the framework, with plans to implement it within the next 2 to 4 years.