Summary
The Federal Tax Administration updated its exchange rate lists and free share directories for the years 2024 and 2025 on January 26, 2026. These lists are central tools for calculating tax obligations in direct federal taxation. The update enables taxpayers and authorities to accurately value securities and share holdings at current market prices.
Persons
- Federal Tax Administration
Topics
- Direct Federal Tax
- Exchange Rate Lists 2025
- Free Shares 2024 and 2025
- Tax Administration
Detailed Summary
The Federal Tax Administration has updated its regular exchange rate lists for direct federal taxation. In parallel, the special directories for free shares (also called stock grants) for the reporting years 2024 and 2025 have been revised and published.
These lists serve as official reference materials for the correct valuation of securities holdings in the context of tax declarations. They contain current market prices and enable uniform, traceable valuation practices across all cantonal and federal tax authorities.
The update is part of the regular administrative tasks of the Tax Administration and contributes to transparency and legal certainty in the Swiss tax system.
Key Statements
- The exchange rate lists for 2025 have been updated and are now available
- Directories for free shares 2024 and 2025 have been newly published
- The lists are binding reference materials for tax valuation of securities
- The update is carried out regularly by the Federal Tax Administration
Stakeholders & Affected Parties
| Group | Relevance |
|---|---|
| Taxpayers with securities holdings | Must use current lists for accurate tax declarations |
| Cantons and municipalities | Implement federal lists and coordinate tax valuation |
| Financial advisors and trustees | Use official lists for client advice |
| Federal Tax Administration | Responsible for publication and currency |
Opportunities & Risks
| Opportunities | Risks |
|---|---|
| Uniform, transparent valuation basis | Delayed publication could lead to uncertainty |
| Reduction of valuation disputes | Market volatility between publication and tax declaration |
| Simplified compliance for taxpayers | Ambiguities in interpretation of lists |
Action Relevance
For Taxpayers:
- Download and use new exchange rate lists for the 2025 tax declaration
- Value securities holdings according to official lists
- Record free shares correctly according to updated directories
For Tax Advisors:
- Inform clients of updated lists
- Adjust valuation processes if exchange rates have changed significantly
Quality Assurance & Fact-Checking
- [x] Central statements and publication date verified: 26.01.2026
- [x] Source verified as official federal communication
- [x] No unconfirmed data in original text
- [x] No apparent political or factual bias detected
Supplementary Research
- Federal Tax Administration (ESTV) – Official exchange rate lists and documentation
- Swiss Tax Conference (KST) – Coordination of cantonal tax policy
- SZB Swiss Taxpayers – Information on tax declarations and valuation guidelines
Source Directory
Primary Source:
Third-party release – Federal News Service
Published: January 26, 2026
https://www.news.admin.ch/de/newnsb/3SKvl3-iT0b2
Supplementary Sources:
- Federal Tax Administration (ESTV) – Exchange rate lists and free shares
- Federal Statistical Office (FSO) – Data on wealth taxation
- Swiss Tax Conference – Harmonization of tax valuation
Verification Status: ✓ Facts checked on January 26, 2026
This text was created with the support of Claude.
Editorial responsibility: clarus.news | Fact-checking: 26.01.2026