Finland to Implement Crypto-Asset Reporting Framework in 2026 Under CARF and DAC8 Standards

Finland is preparing to introduce its domestic crypto-asset reporting framework in 2026, aligning with the Organisation for Economic Co-operation and Development (OECD)'s Crypto-Asset Reporting Framework (CARF) and the European Union's DAC8 directive. The national CARF proposal is in its final stages and will be presented to Parliament before the December 31, 2025 deadline required under DAC8, which mandates all EU member states to enact legislation for cross-border crypto tax data sharing by the end of 2025.

Once enacted, data collection will officially begin in January 2026, with the first reporting cycle scheduled for January 31, 2027. Crypto-asset service providers operating in Finland will be obligated to report user data and transaction details, including exchanges and transfers, to the Finnish Tax Administration, covering both domestic and international users on Finnish-registered platforms.

The initiative aims to strengthen tax compliance, close loopholes in international reporting, and limit tax evasion linked to digital assets, ensuring crypto activity receives the same scrutiny as traditional financial instruments. Finland joins more than 50 jurisdictions participating in the OECD’s CARF initiative, promoting uniform information exchange. Authorities confirmed that "almost everything is ready" for implementation, positioning Finland alongside early adopters like Germany and the Netherlands.