Switzerland Delays Cross-Border Crypto Tax Data Sharing Until 2027

Switzerland’s regulatory framework for cryptocurrency assets, set to become law in January 2025, will face a delay in its implementation of automatic cross-border data sharing. While the framework is being incorporated into national legislation on January 1st, the practical implementation of sharing crypto account data with foreign tax authorities has been postponed until at least 2027. This delay arises from ongoing discussions regarding which countries will receive this information, although over 75 nations are committed to implementing the framework in the coming years.