Switzerland Crypto Tax Guide 2024
Switzerland has been widely regarded as a haven for crypto investors and startups. It is home to more than 900+ crypto companies, and the crypto adoption rate stands at 20%, well above the global average of 16%. Part of the reason why crypto adoption is high is because most individual investors don’t have to pay capital gains tax in Switzerland. If you have invested in BTC, ETH, or any other crypto as an individual investor, you don’t need to pay CGT on your gains, but other types of taxes may apply. Fortunately, the Federal Tax Administration (FTA) in Switzerland has clear guidelines on how different crypto transactions are taxed.