Checklist: How to declare crypto in Switzerland

Cryptos are assets

In Switzerland, cryptocurrencies are considered assets and are therefore subject to taxation. But don't worry, we're here to help you understand and fulfill your obligations.

Preparation is key

Gather all relevant information and documents you'll need for your tax return. This includes the value of your cryptocurrencies at the end of the year. The better prepared you are, the easier the tax return process will be.

Keep an eye on deadlines

One of the most important rules when it comes to tax returns is meeting deadlines. Ensure you submit your tax return on time or request an extension well in advance to avoid penalties. Remember that deadlines are annual.

Seek expert advice

If you're unsure or encounter complex tax questions, don't hesitate to consult a tax expert. They have the knowledge to provide valuable advice and steer you in the right direction.

Stay up to date

The world of taxation is constantly evolving. Therefore, it's crucial to stay informed about current legislative changes and adjust your tax strategy accordingly.

Sources & Further Links:

• Estv Admin: Swisstax Calculator

• Estv Admin: Declare crypto

This article does not constitute investment advice or an invitation to buy or sell digital assets or other financial instruments or to engage in any other financial transaction. The main purpose of this article is to provide general information. No explicit or implicit representations or warranties are made regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Therefore, it is advisable not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is possible that some statements in this article contain forward-looking expectations based on our current views and assumptions. These statements are subject to uncertainties and may result in actual results, performance, or events that differ from the statements made in this article.

The Cryptonow advisory or representing individuals cannot be held liable in any way for this article. It is important to note that investing in digital assets carries risks in addition to the potential gains.