MetaMask and Crypto Tax Calculator Team up to Save Crypto Investors This Tax Season
Sydney, Australia – April 16, 2024 – MetaMask, the leading self-custodial wallet trusted by millions of users worldwide, has officially partnered with Crypto Tax Calculator (CTC) to provide users with a comprehensive tax solution tailored to handle complex crypto activity. This strategic collaboration comes on the heels of CTC’s recent global tax partnership with Coinbase, further solidifying its position as a premier provider of cryptocurrency tax reporting solutions.
Shane Brunette, CEO, and Founder of Crypto Tax Calculator, expressed his enthusiasm about the partnership, stating, “This partnership between MetaMask and Crypto Tax Calculator represents a significant step forward in simplifying cryptocurrency tax reporting for users globally.”
“Integrating top-rated providers to streamline tax reporting is an added benefit for MetaMask users, in a way that’s secure, convenient, and easy to use,” added Kai Huang, Sr Product Manager at Consensys, the company behind MetaMask.
MetaMask enables users to interact with decentralized applications and transact on-chain securely, revolutionizing the way individuals engage with the crypto ecosystem. However, managing tax liabilities associated with crypto transactions can be daunting, especially amidst the growing popularity of DeFi and NFTs. With this partnership, MetaMask users gain access to CTC’s robust tax solution, which streamlines the process of syncing on-chain activity from all wallets, automatically labels transactions across 1,000+ exchanges, wallets, blockchains, and DApps, and provides comprehensive support for complex on-chain activities like staking, airdrops, and liquidity pools.
Key benefits for users include:
- Users can sign up with MetaMask and sync their on-chain activity from all wallets in seconds.
- Automatic transaction labeling covers 1,000+ exchanges, wallets, blockchains, and DApps.
- Best-in-class support for DeFi & NFTs ensures automatic handling of complex on-chain activity.
- Every tax report users need can be generated with ease for filing or sharing with their accountant.
- Global compliance: the integrated solution allows users to export their transactions from MetaMask and other crypto sources easily and will cater to users in 20 countries, including the US, UK, and Australia.
The announcement of the partnership between MetaMask and Crypto Tax Calculator underscores a shared commitment to empowering users with the tools and resources needed to navigate the evolving landscape of cryptocurrency taxation. As the crypto industry matures, strategic collaborations like this enhance accessibility and transparency, driving broader adoption and fostering innovation within the ecosystem.
The announcement follows Crypto Tax Calculator’s appointment as the official tax partner of Coinbase.
For individuals ready to take control of their crypto taxes, they can sign up for Crypto Tax Calculator with MetaMask and get started for free today.
About Consensys
Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including the MetaMask platform, Infura, Linea, Diligence, and our NFT platform, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit consensys.io.
About Crypto Tax Calculator
At Crypto Tax Calculator, we’re building the platform to make understanding your tax obligations straightforward. Our tools help identify, track and organize all your crypto activity across hundreds of exchanges and blockchains with ease and accuracy. Our reporting saves you time and makes your transaction history transparent and simple to understand. We’re helping investors, traders and accountants by providing clear and secure records of your crypto activity so you can relax at tax time. Crypto Tax Calculator was co-founded by brothers Shane and Tim Brunette in 2018 and is headquartered in Sydney, Australia. For more information, visit cryptotaxcalculator.io and check out Coin Bureau’s in-depth review of the platform here.
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