Switzerland Seeks Comments on Crypto Tax Info Exchange Bill

Switzerland wants to know if it should add tax details on crypto assets to the list of information it swaps with other countries.

The Swiss Finance Ministry started a consultation on its latest bill on tax information exchange Wednesday that proposes to exchange crypto asset information with all its existing 111 states and territories with which it has automatic information exchange agreements, provided they meet the requirements of the OECD’s Crypto-Asset Reporting Framework.

The Organization for Economic Cooperation and Development’s crypto asset framework standardizes how tax authorities regulate and share information on crypto assets, but it still gives freedom ...