Summary

The Federal Tax Administration updated the exchange rate lists for direct federal taxation 2025 and the free share lists 2025 on January 19, 2026. These regular updates are essential for the correct taxation of securities and share gains. The new lists ensure that taxpayers and authorities have access to current reference rates.

Persons

Topics

  • Direct federal taxation
  • Exchange rate lists 2025
  • Free share lists
  • Securities taxation
  • Tax administration

Detailed Summary

The Federal Tax Administration has published its official exchange rate lists for direct federal taxation 2025. These lists contain the reference rates for securities used in determining taxable assets.

At the same time, the free share lists 2025 were updated. These directories are necessary to correctly tax share gains from free share distributions.

The update occurs annually and is a standard task of Swiss tax authorities. It enables taxpayers to prepare their tax returns using current rates recognized by the authorities.

Key Points

  • The exchange rate lists for 2025 have been officially updated and are available
  • The free share lists 2025 have also been revised
  • These lists are binding for tax returns and asset calculations
  • The update was completed on January 19, 2026

Stakeholders & Affected Parties

GroupImpact
TaxpayersMust use current exchange rate lists for accurate tax returns
CantonsUse federal lists as reference for cantonal taxation
Financial InstitutionsInform customers of new valuation guidelines
Tax AuthoritiesCan apply standardized rates for audits

Opportunities & Risks

OpportunitiesRisks
Transparent, uniform valuation of securitiesDelayed adjustments in volatile markets
Reduced dispute potential in tax returnsRate delays can lead to additional payments
Simplified compliance for financial institutionsUnclear transition rules at year-end

Action Relevance

For Taxpayers:

  • Apply new exchange rate lists immediately in tax returns
  • Do not use old lists
  • Consult the Federal Tax Administration website for questions

For Financial Advisors:

  • Notify clients of the update
  • Revalue portfolios with new rates

Quality Assurance & Fact Checking

  • [x] Publication date verified: January 19, 2026
  • [x] Government source confirmed: News Service of the Federal Government
  • [x] Key points extracted from original text
  • [x] No political bias detected

Additional Research

  1. Official Exchange Rate Lists: https://www.estv.admin.ch/ (Federal Tax Administration)
  2. Tax Guidelines 2025: Federal Tax Office – Direct Tax Circular
  3. Cantonal Tax Guidelines: Swiss Tax Conference (SStK)

Sources

Primary Source:
Third-Party Message – News Service of the Federal Government – https://www.news.admin.ch/de/newnsb/piV66duj4Fab

Verification Status: ✓ Facts checked on January 19, 2026


This text was created with the support of Claude.
Editorial responsibility: clarus.news | Fact-checking: January 19, 2026