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
Finance Minister Karin Keller-Sutter to visit her counterpart in United Kingdom
Federal Councillor Karin Keller-Sutter will meet her UK counterpart, Chancellor of the Exchequer Rachel Reeves, in London on 24 March 2026. The ministers will discuss the agreement on mutual recognition in financial services and current geopolitical challenges, among other things.
Federal Council approves strategy on combating money laundering and terrorist financing
During its meeting on 20 March 2026, the Federal Council approved the strategy on combating money laundering and terrorist financing. With this first-ever comprehensive overview, the Federal Council is strengthening the framework, which will continue to protect the integrity of the Swiss financial centre in years to come.
Open finance implementation in Switzerland
During its meeting on 12 December 2025, the Federal Council was informed by the Federal Department of Finance (FDF) about the most recent open finance developments in Switzerland. In order to achieve the targets set in 2022, the FDF intends to use precise indicators to review further progress in the banking and insurance sector. For the time being, there will be no regulatory requirements for open data interfaces. Open finance is intended to strengthen the digital self-determination of clients, as well as the innovative capacity and competitiveness of the financial sector.
State Secretariat for International Finance SIF
Bundesgasse 3
Switzerland - 3003 Bern