Switzerland is getting serious about crypto taxes. Starting in 2026, Swiss crypto firms will have to share customer data with 74 other countries.
The Timeline
- January 1, 2026: Swiss crypto companies must start collecting and reporting customer data (names, addresses, tax IDs, crypto balances) to Swiss tax authorities.
- 2027: Switzerland will begin sharing this information with its partner countries.
This new rule is all about updating existing international data-sharing laws to include crypto. The Swiss parliament is currently reviewing the bill, but everything’s on track for the 2026 launch.
Who’s Getting the Data?
The list of countries receiving this data includes all 27 EU member states, the UK, and most G20 nations. However, some big players are missing: the US, Saudi Arabia, and China aren’t on the list because they haven’t signed up to the necessary international rules (the Crypto-Asset Reporting Framework, or CARF). Switzerland will only share data with countries that both request it and meet the OECD’s CARF standards.
Keeping Things Safe
Before sharing any data, Switzerland will thoroughly vet each partner country to make sure they meet the required standards. This is similar to the process used for bank account information. If a country doesn’t meet the standards, data sharing will be paused until they fix the problem. This ensures the same level of data protection applies to crypto as it does to traditional finance.
What it Means for Swiss Crypto Businesses
Swiss crypto companies will need to adapt. From 2026 onwards, they’ll be responsible for collecting detailed customer information and forwarding it to the Swiss authorities. There’s also a temporary direct reporting requirement to EU countries until new data protection agreements are finalized. Basically, crypto assets will be treated the same way as traditional bank accounts for tax reporting purposes.
The Swiss government says this is all about meeting international tax transparency obligations and protecting Switzerland’s financial reputation.
