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Sweden to Push EU Countries to Back Crypto Tax Reporting Rule

Jan. 24, 2023, 11:31 AM

Sweden said Tuesday that it wants EU countries to reach agreement by midyear on a new rule requiring crypto exchanges and wallet providers to report information to the bloc’s tax authorities.

The rule, proposed in December by the European Commission, the EU’s executive, would “improve tax cooperation in the EU,” and be “an important step to stop tax evasion,” Swedish Finance Minister Elisabeth Svantesson told the European Parliament’s Economic and Monetary Affairs Committee.

Sweden holds the presidency through June 30 of the Council of the EU, in which the bloc’s member governments meet. Svantesson will chair meetings of EU ...