ConsenSys clarifies: MetaMask will not tax cryptocurrency transactions

ChainCatcher news, ConsenSys tweeted, "We are aware that there is inaccurate information circulating regarding the terms of service of ConsenSys. To clarify: MetaMask will not tax cryptocurrency transactions, and we have not made any changes to our terms regarding this. At ConsenSys, our goal is to make Web3 universally easy to use, access, and build through our suite of products. It is worth noting that the terms mentioned are not new. They apply to products for which we are required to collect sales tax. The tax section in our terms of service falls under the 'Fees and Payments' section, and it only pertains to products and paid plans offered by ConsenSys. For example, the Infura credit card developer plan includes sales tax. Legal terminology can be complex, but the key point is to emphasize that this section does not apply to MetaMask or any other products that do not involve sales tax. We believe in transparency and accuracy when sharing information with our users. Our commitment to combating misinformation regarding our products and services remains steadfast. We encourage everyone to visit our website to learn more about our products, and if you have any questions or concerns, please contact us."

It is reported that on May 18, 1inch co-founder [Anton Bukov](https://www.rootdata.com/zh/member/detail/Anton Bukov?k=MTMwOTY=) tweeted that the blockchain software technology company ConsenSys updated its terms of service in April, where "4.3 Taxes" states that its products "shall be responsible for determining and paying all taxes and other governmental fees and charges as required by applicable law … We reserve the right to withhold taxes when necessary." (Source link)