MetaMask integrates Crypto Tax Calculator to simplify tax management for global users

Fort Worth, Tax, USA, March 6th, 2025 — Today, MetaMask, in partnership with Crypto Tax Calculator (CTC) took a major step to make tax season easier for crypto users with the launch of the MetaMask Tax Hub powered by Crypto Tax Calculator embedded directly into MetaMask portfolio.  This first-of-its-kind integration provides MetaMask users globally a free, geo-specific tax summary of their crypto activity, with the option to generate a downloadable report compliant with tax authority requirements for a 30% discounted fee. MetaMask users can also subscribe to an annual plan at the same 30% discounted rate, which includes a comprehensive suite of tax reports directly tailored to their individual needs and accessible within their wallet. 

Crypto is becoming an everyday part of financial life, and just like banks offer tools to simplify tax reporting, MetaMask is bringing the same convenience and streamlined solutions to the non-custodial world. Making it easier for users to understand tax obligations is critical because according to research by Crypto Tax Calculator, 70% of U.S. crypto investors are unsure or unaware that onchain transactions are taxable and 63% either don’t know or mistakenly believe that crypto is not taxed. Additionally, 62% of investors are unsure or assume crypto tax is unenforceable, believing their activity is anonymous. This new integration aims to solve user pain points by providing an automated, jurisdiction-specific tax solution, eliminating guesswork and minimizing unforeseen tax risks critical for those who interact with decentralized applications.

Users can add multiple wallets and reconcile everything automatically into one convenient tax report. This feature not only simplifies tax calculations but also lets users immediately know whether they owe taxes.

MetaMask stands out as the only wallet that has embedded this solution directly into the product, allowing users to manage their crypto and tax needs in a single, harmonized experience without having to leave the platform.

“At MetaMask, we are constantly exploring ways to enhance the user experience and make crypto and DeFi accessible and user-friendly. Accurate tax reporting is a must-have function for any crypto investor. I am extremely pleased that MetaMask now handles this complex topic with a single click natively for all our users. CryptoTaxCalculator is the best-suited partner here” said Alex Greinacher, MetaMask’s Director.

"Managing taxes has long been a pain point for crypto users, and with increasing regulatory requirements, integrating a seamless solution backed by the expertise of the Crypto Tax Calculator team allows us to simplify a traditionally complex process, giving our users the tools they need to easily manage their taxes while staying in control of their assets.”,  said Greinacher.

Through the integration, MetaMask and CTC provide country-specific tax reports for 23 jurisdictions, including the United States, Canada, Australia, Japan, New Zealand, Singapore, South Africa, Brazil and multiple European countries such as Germany, France, Italy, and the United Kingdom. Reports are available in English, German, French, Italian, and Spanish, catering to its international user base. For users outside these countries, the tool offers general capital gains and income tax reports, with customizable tax toggles to accommodate local regulations. This comprehensive approach ensures that regardless of location, MetaMask users are equipped to meet their tax obligations with confidence.

"Our research shows that misconceptions about crypto taxation are still common, whether through centralized exchanges or DeFi," said Nick Waytula, Head of Tax at Crypto Tax Calculator. "As regulations evolve and tax authorities like the IRS intensify their focus on digital assets, it’s more important than ever for users to have clarity and control over their tax obligations. This integration with MetaMask isn’t just about adding a new tool, we’re making tax management intuitive and seamless, giving users a cutting-edge solution to stay ahead in our rapidly evolving industry."

This initiative is a reflection of MetaMask’s efforts to serve as a one-stop-shop for crypto. Users frequently interact with multiple wallets, exchanges, and dApps across different blockchains, making tax calculations challenging. This integration makes MetaMask a central hub for crypto activity, allowing users to connect all their wallets to MetaMask, consolidating transaction history to make tax reporting easier and more manageable.

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 ourNFT 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: https://consensys.io/.

About Crypto Tax Calculator

Crypto Tax Calculator provides a solution for crypto investors to accurately report their digital asset activity. Led by a team of tax professionals and industry experts, the platform offers guidance to ensure users remain compliant with evolving tax regulations. For more information, visit: https://cryptotaxcalculator.io.

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