CARF Partner Selection on Hold as Swiss Committee Pauses Decisions

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The government’s tax committee has suspended discussions on which jurisdictions Switzerland will exchange crypto account data with under CARF. Officials say this uncertainty is the main reason implementation is delayed, even as new amendments and transitional provisions are introduced to help Swiss crypto firms prepare for eventual compliance.

[Nahid Hossen]

Swiss hesitation is slowing down what could’ve been a major compliance milestone.