12-3-2025 – MetaMask has rolled out an innovative tax calculation feature, marking a significant milestone in cryptocurrency wallet functionality. The renowned crypto wallet provider has joined forces with Crypto Tax Calculator (CTC) to deliver a streamlined tax reporting solution that serves investors across multiple jurisdictions, including the burgeoning Brazilian market.
The sophisticated tax hub, seamlessly integrated within the MetaMask Portfolio platform, offers users a complimentary tax overview tailored to their specific jurisdiction. For those seeking more comprehensive analysis, a premium detailed report is available at a 30% reduced rate. The system’s intelligent design enables the consolidation of multiple wallet activities, efficiently processing on-chain transactions to determine tax obligations with remarkable ease.
Brazil’s prominence in the global cryptocurrency landscape is particularly noteworthy, with an impressive 26 million citizens—equivalent to 12% of the population—actively engaged in digital asset ownership. This positions the South American nation as the sixth-largest crypto market globally, underscoring its substantial influence in the digital currency sphere.
CTC’s head of taxation, Nick Waytula, articulated the platform’s vision, emphasising their commitment to transforming tax management into an intuitive process rather than a cumbersome obligation. The tool’s implementation arrives at a crucial juncture, as regulatory bodies worldwide, including Brazil’s Receita Federal, intensify their scrutiny of cryptocurrency transactions.
The service extends its reach across 23 jurisdictions, encompassing major economies such as the United States, Canada, Germany, and Japan. With multilingual support spanning English, French, and Spanish, the platform ensures widespread accessibility for users globally.
Research conducted by CTC reveals a concerning knowledge gap, with 70% of American investors lacking proper understanding of their cryptocurrency tax responsibilities. MetaMask’s initiative represents a strategic move to bridge the divide between decentralised finance and regulatory compliance, distinguishing itself in the competitive wallet marketplace through this native tax solution integration.