Switzerland and Cryptocurrencies Taxation

Find out the current regulations and tax guidelines for crypto asset taxation across Switzerland.

    • Are Cryptocurrencies legal in Switzerland?
    • Cryptocurrencies are legal in Switzerland. Although they fall into a range of different tax brackets, as shown below.
    • What are cryptocurrencies considered as in Switzerland?
    • The Swiss government treats crypto as a Commodity that is subject to income tax, capital gains tax and corporate tax.
      Mining: For mining, it generally falls into self-employment category, and has to be declared accordingly.
      Trading: Profits made through trading are considered to be capital gains from movable assets, and from Swiss Tax perspective is non-taxable.
      Wealth Tax: The Swiss Tax considers cryptocurrencies held by private entities to be similar to holding cash or precious metals. Hence need to be declared under position 835 “Cash, precious metals and other assets”.
      Securities in cryptocurrencies on the other hand need to be declared in the securities and assets section of the tax return

Trends for Cryptocurrencies in Switzerland

Find out the current regulations and tax guidelines for crypto asset taxation across Switzerland.

Country: Switzerland