Switzerland Intensifies Global Crackdown on Tax Evasion

Authorities in Switzerland have stepped up efforts to combat undeclared assets and tax evasion through expanded international cooperation and data exchange.

According to the Federal Tax Administration, the country received information on approximately 3.5 million foreign bank accounts in 2025 as part of global transparency measures.

At the same time, Switzerland submitted 61 administrative assistance requests to 26 countries, slightly fewer than in previous years but still reflecting ongoing enforcement efforts. Officials confirmed that the highest number of requests were directed to Germany and Cyprus.

Notably, no data exchange took place with Russia during this period.

Meanwhile, incoming requests from other countries remain high. In 2025 alone, Switzerland received 6,968 administrative assistance requests, leading to the exchange of information related to around 3.8 million bank accounts.

These requests primarily came from countries including France, Austria, Germany, Spain, Ukraine, and the United States.

Officials noted that the presence of a large number of foreign residents, including refugees, may contribute to the volume of requests. However, the overall number remains lower compared to previous years—particularly 2016, when more than 66,000 requests were recorded.

Switzerland continues to strengthen its role in global tax transparency, signaling a firm stance against tax evasion and financial secrecy.