Switzerland: Implementation of cryptoasset reporting framework MCAA
Intends to maintain tax transparency standards amidst the expanding cryptoasset market
The Swiss Federal Council in February 2025 adopted the multilateral competent authority agreement (MCAA) related to the automatic exchange of information for tax-relevant cryptoasset matters.
Designed by the Organisation for Economic Cooperation and Development (OECD), this agreement, along with the cryptoasset reporting framework (CARF), intends to maintain tax transparency standards amidst the expanding cryptoasset market.
For more information, contact a tax professional with the KPMG member firm in Switzerland:
Jason Zuecker | jzuecker@kpmg.com
Stefan Keglmaier | stefankeglmaier1@kpmg.com