Switzerland Won’t Amend Tax Law in Regard to Blockchain in Near Future

Cointelegraph

Published Jun 29, 2020 01:56PM ET

Updated Jun 29, 2020 03:40PM ET

Switzerland’s existing tax law is applicable to developments in the blockchain industry, the Swiss Federal Council said.

According to the federal authority, Switzerland does not need to amend its existing tax legislation in regard to blockchain and distributed ledger technology.

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