Background & Purpose

To meet international and EU standards against tax evasion, authorities need better insight into cross-border crypto transactions.

The Decision

The Swedish parliament approved the government's proposal for new agreements and laws regarding automatic reporting and exchange of crypto asset information.

Does this affect you?

  • Crypto investors and traders: Will have their asset and transaction details automatically reported to tax authorities.
  • Crypto service providers: Must comply with new mandatory reporting duties regarding customer holdings.

In Practice

  • Crypto service providers must report user assets and transactions automatically.
  • Swedish tax authorities will share and receive crypto information with other countries.
  • New specific laws on gathering tax data for crypto assets take effect.
  • Rules are aligned with international frameworks like CARF and EU rules like DAC 8.