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Author: Admin | 2025-04-28
Wondering how cryptocurrency is taxed in Switzerland? The Swiss Federal Tax Administration has given clear guidance on Switzerland's crypto taxes and it's good news for investors. For the most part - private investors won't pay Capital Gains Tax on their crypto gains, it's only businesses and self-employed traders who would pay Capital Gains Tax. So for many investors, in the so-called 'crypto nation' - you'll only pay Wealth Tax on your crypto, as well as potential Income Tax depending on your specific crypto investments. Read on to learn more about Swiss crypto tax rules for 2025.This guide is regularly updatedYes. Crypto is taxed in Switzerland under the Wealth Tax system. You may need to report specific crypto transactions as part of your annual tax return.The Swiss Federal Tax Administration (FTA) doesn't classify cryptocurrency as legal tender - like the Swiss Franc. Instead, they class crypto as an asset - specifically a crypto-based asset or kryptobasierte vermögenswerte.This classification means crypto is considered a private wealth asset - like a stock or a bond.For private investors in Switzerland - Capital Gains Tax does not apply to private wealth assets. Capital Gains Tax only applies if you're a self-employed trader or a business.This doesn't mean you won't pay any tax on your crypto. Crypto is still subject to Income Tax in some instances, as well as Wealth Tax. We'll break all this down, but first, let's look at what makes you a private investor vs. a self-employed trader.No Capital Gains Tax can sound too good to be true, but this is the case for many investors in Switzerland. These so-called 'safe-haven' rules have long applied to securities trading and the same rules apply to crypto. Provided you meet the following conditions - you'll pay no Capital Gains Tax on your profits from selling or trading crypto:You've held your crypto asset for at least six monthsYou have a trading turnover smaller than 5x your holding at the beginning of the financial yearYour net capital gain is smaller than 50% of your total income throughout the financial yearYou have no debt financingYou use derivatives solely
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