Switzerland has delayed sharing crypto account data with overseas tax agencies until 2027, considering which countries to exchange information with under the Crypto-Asset Reporting Framework (CARF). The OECD approved CARF to combat tax evasion via crypto platforms. 75 nations, including Switzerland, are set to implement CARF in the next two to four years, with Argentina, El Salvador, Vietnam, and India yet to sign on.
The Brazilian government is considering a tax on international crypto transfers to align with CARF standards. The US White House is reviewing joining CARF to enforce stricter capital gains tax reporting rules for American taxpayers using foreign exchanges.
Read more at Cointelegraph: Switzerland Delays Crypto Tax Sharing Rule Until 2027
