Crypto wealth tax in Switzerland.

In Switzerland, crypto assets held by private individuals are generally treated as part of taxable wealth. This means the end-of-year value of your holdings can matter even if you did not sell anything during the year.

The key date is 31 December

Your tax return usually needs the value of your assets at the end of the tax year. For crypto, that means taking the quantity held on 31 December and assigning a CHF value. If you hold assets on multiple exchanges or wallets, the quantities should be consolidated.

Which price should you use?

Swiss taxpayers commonly look to official or recognised tax reference values where available, including ICTax values published for many securities and crypto assets. If no official value is available for a token, additional judgement may be required, such as documenting a reasonable market value or purchase value depending on the situation.

Transfers are not the same as sales

Moving BTC from Kraken to a self-custody wallet should not be treated like selling BTC. But transfers still matter because they explain why an asset disappeared from one export and appeared somewhere else. Without transfer history, a tax report may incorrectly flag missing acquisition history or unmatched disposals.

What a wealth section should show

A clean report should show each asset, closing quantity, 31 December CHF value, and notes where the value could not be resolved from the imported data or available references. This gives you and your advisor a clearer starting point than a raw exchange balance screenshot.