Federal Council announces amendments to tax information rules, including the new Crypto-Asset Reporting Framework, effective from 2026.
Switzerland’s Federal Council has announced amendments to the Ordinance on the International Automatic Exchange of Information in Tax Matters (AEOI Ordinance), updating rules to align with the OECD’s Common Reporting Standard (CRS) and introducing the new Crypto-Asset Reporting Framework (CARF) on 26 November 2025.
The ordinance, which implements provisions of the Federal Act on the International Automatic Exchange of Information in Tax Matters (AEOIA), is scheduled to come into force on 1 January 2026, provided no referendum challenge arises.
The Federal Council’s announcement follows approval by the National Council and the Council of States during the 2025 autumn session to extend Switzerland’s international automatic exchange of tax information.
The updates cover the revised CRS on reporting and due diligence for financial account information, as well as the new CARF. The amended ordinance introduces reporting, due diligence, and registration obligations for crypto service providers and clarifies their nexus to Switzerland. Associations, foundations, and their accounts will also fall under the CRS, with exemptions available under certain conditions outlined in the revised ordinance. Transitional provisions are included to support affected parties in implementing the changes.
On 3 November 2025, the National Council’s Economic Affairs and Taxation Committee (EATC) suspended deliberations on the partner states with which Switzerland plans to exchange data under CARF. As a result, while the CARF will be legally enshrined from 1 January 2026, its practical implementation is postponed until 2027 at the earliest. Accordingly, the Federal Council confirmed that the crypto-asset reporting provisions of the AEOIA and the AEOI Ordinance will not apply in 2026.
