Setting the Record Straight: MetaMask Does Not Withhold Your Crypto for Taxation
ConsenSys, the creator of the MetaMask crypto wallet, has addressed the spread of misinformation regarding their terms of service. They clarified that MetaMask does not collect taxes on crypto transactions and that no changes have been made to their terms to enable tax withholding. The company explained that the tax section in their terms of service pertains exclusively to products and paid plans offered by ConsenSys, not MetaMask or other products without sales tax involvement.
Clever Robot News Desk 22nd May 2023