Switzerland has postponed the automatic exchange of crypto-asset tax information with foreign authorities until at least 2027, creating a gap between legal adoption and operational exchange. The main keyword, crypto tax info sharing, frames a decision driven by parliamentary suspension of partner-list work and ongoing international consultations involving 111 jurisdictions. The Federal Council approved domestic steps toward the OECD’s Crypto‑Asset Reporting Framework (CARF) with integration into Swiss law on January 1, 2026, while the automatic exchange will commence later.
Operational pause and partner-list politics (crypto tax info sharing)
The Federal Council approved domestic steps toward CARF, scheduling its integration into Swiss law for January 1, 2026; however, the actual Automatic Exchange of Information (AEOI) for crypto assets will not be activated until 2027. CARF is a reporting standard designed to collect and share crypto-asset transaction data across jurisdictions, and AEOI is the mechanism that automates cross-border tax-data transfers.
Parliamentary deliberations have become the binding constraint: the Economic Affairs and Taxation Committee of the National Council suspended its work on selecting partner jurisdictions, which delays the formal list required to start exchanges. Switzerland’s executive branch has been consulting with 111 jurisdictions since 2024 to assess reciprocal interest and compliance with CARF benchmarks, and aims to exchange data with a cohort of 74 partner states that meet those standards.
The planned partner cohort, as outlined by Swiss authorities, is intended to include all EU member states, the UK and most G20 countries; notable absences in the initial list are the United States, China and Saudi Arabia due to either non‑alignment with CARF or lack of bilateral arrangements. Service providers and custodians therefore face a two‑stage timeline: adapt systems and reporting practices to CARF requirements by 2026, while cross‑border data flows remain inactive until the partner list and activation date are finalized.
Comparative regulatory context
Switzerland’s measured timetable mirrors similar deferrals elsewhere, where authorities have pushed implementation dates into 2027 to reconcile technical readiness and policy alignment. These international parallels underscore the operational complexity of synchronizing reporting standards across jurisdictions and the political sensitivities inherent in choosing reciprocal partners.
The delay separates legal readiness from operational exchange, giving market participants a transition window to update compliance systems while prolonging uncertainty over cross‑border tax transparency. The broader implication is a staggered path to global crypto tax coordination that will shape compliance costs and jurisdictional risk for institutional treasuries and service providers. Next verified milestone: CARF’s scheduled domestic entry into force on January 1, 2026, and the completion of partner‑jurisdiction selection in 2026 ahead of activation of automatic exchanges in 2027.
