International tax compliance
International cooperation plays a key role in the tax system. Switzerland is also involved in devising multilateral solutions and implements international standards in the area of taxation.
The OECD defines tax havens as jurisdictions that do not comply with international tax standards and whose tax practices are deemed harmful internationally.
- Switzerland is an attractive business location that is compliant with all international tax standards.
- With the corporate tax reform of 2019, Switzerland abolished all tax regimes classified as harmful by the OECD and replaced them with internationally compatible rules. The OECD gave Switzerland written confirmation of this in 2020.
- Since 2019, international bodies have repeatedly confirmed Switzerland's correct implementation of international tax standards:
- country-by-country reports
- automatic exchange of information
- spontaneous exchange of information
- exchange of information upon request (administrative assistance)
- implementation of BEPS minimum standards.
Press releases on the topic
Federal Council moves forward with stablecoins and crypto: consultation launched
During its meeting on 22 October 2025, the Federal Council initiated the consultation on an amendment to the Financial Institutions Act. The bill is aimed at improving the framework conditions for the market development, the attractiveness of the Swiss financial centre and integration of innovative financial technologies into the existing financial system. At the same time, it should mitigate related risks to financial stability, integrity, and investor and consumer protection. The consultation will run until 6 February 2026.
Federal Council launches consultation for ordinances on the transparency of legal entities and combating money laundering and terrorist financing
At its meeting on 15 October 2025, the Federal Council launched the consultation on draft legislation to combat money laundering. Under the proposed legislation details of the register of beneficial owners and the extension of the Anti-Money Laundering Act to cover certain consultancy activities will be defined at ordinance level. The consultation will last until 30 January 2026.
Switzerland and the United States issue a joint statement on foreign exchange matters
The Federal Department of Finance (FDF), the Swiss National Bank (SNB) and the US Department of the Treasury have issued a joint statement on macroeconomic and foreign exchange matters, in which Switzerland and the USA reconfirm that they do not target exchange rates for competitive purposes.
State Secretariat for International Finance SIF
Bundesgasse 3
Switzerland - 3003 Bern