The Federal Tax Administration FTA and all cantonal tax administrations estimate taxes in Swiss francs. Compensation, wages, income, etc. paid to the taxpayer in a foreign currency must therefore be converted into Swiss francs. For this purpose, the various exchange rates of the foreign currencies are provided by the FTA. Please note that the exchange rates of the foreign currencies vary depending on the tax.
Value added tax
For the conversion of charges in foreign currency, either the monthly average rate published by the Federal Tax Administration FTA or the daily exchange rate (sell) can be used. Taxable persons who are part of a group can use their internal group exchange rate for the conversion.
| Monthly average exchange rates (German version) |
These average rates correspond to the arithmetic mean of the daily rates published by the FTA from the 25th day of a month to the 24th day of the following month. |
| Daily exchange rate |
The daily exchange rate is transmitted by the Federal Office for Customs and Border Security FOCBS. https://www.rates.bazg.admin.ch/home |
| Group exchange rate | In the case of invoices in foreign currency between companies of the same group (group relationship), the VAT may be calculated using the group exchange rate. The conversion at the group rate must be maintained for one year. |
| Cryptocurrencies | MWST-Info 07 «Steuerbemessung und Steuersätze» Artikel 1.3.3 «Entgelt in Kryptocoins/-token» |
Federal income tax
Course listings
These lists contain the daily exchange rates, which are closing spot rates (rates on the respective day). The annual average rates and the exchange rates for banknotes and banknotes as at 31 December are also published in this way. These rates are provided for the conversion of tax-relevant income and assets into CHF, among other things.
| ICTax (external application) |
Income & Capital Taxes |
Denomination
| Course listings of the Federal Office for Customs and Border Security (FOCBS) (external application) |
If the share capital or capital stock is denominated in British pounds, euros, US dollars or yen, the profit tax or capital tax will continue to be levied in Swiss francs. |
Last modification 22.05.2025