Odaily Planet Daily News: ConsenSys tweeted in response to questions about withholding taxes: "We have noticed that tweets with inaccurate information about ConsenSys' terms of service are circulating. To clarify: MetaMask does not tax cryptocurrency transactions, and we have not made any changes to our terms for this. At ConsenSys, our goal is to make Web3 generally easy to use, access, and build through our product suite." ConsenSys continued: "It is worth noting that the terms mentioned in the tweet are not new. They apply to products for which we are subject to sales tax. The tax section of our terms of service falls under the 'Fees and Payments' section, which only involves products and paid plans provided by ConsenSys. For example, Infura's credit card developer subscription includes sales tax. The legal terminology can be complicated, but the key is to emphasize that this section does not apply to MetaMask or any other product that does not involve sales tax. We believe in transparency and accuracy when sharing information with our users. Our commitment to combating misinformation about our products and services remains unwavering. We encourage everyone to visit our website to learn more about our products, and if you have any questions or concerns, please contact us. Earlier on May 18, 1inch co-founder Anton Bukov tweeted that blockchain software development company ConsenSys updated its terms of service in April, which involved the "4.3 Taxes" section, mentioning that its products "subject to applicable law, each party will be responsible for determining and paying all taxes and other government fees and charges (as well as any penalties, interest, and other additional charges) imposed on that party in or related to the transaction, and payments under this Agreement. Unless otherwise stated, all fees payable by you are exclusive of tax. We reserve the right to withhold taxes when necessary."
