Effective Date: August 26, 2014
Welcome to Libra, an innovative capital gains tax calculation service for Bitcoin, Ripple, and other digital currencies. The service described herein (“Service”) is provided by Libra Services Inc., a Delaware corporation.
We may choose to update these Terms of Service at any time by posting an update to this page. We encourage You to review these Terms of Service periodically, as Your continued use of the Service will mean You accept those changes, whether You have read them or not. In addition, You and Libra shall be subject to any posted guidelines or rules applicable to the Service, which may be posted from time to time.
1. Description of Service
Libra is the first comprehensive tool for calculating capital gains taxes across multiple digital currencies, including Bitcoin and Ripple. Libra will track sales taxes and payroll taxes for such digital currencies, eliminating the anxiety arising from transacting in such novel digital currencies.
In registering for the Service, You represent that You are of legal age to form a binding contract and are not a person barred from receiving products or services under the laws of the United States or other applicable jurisdictions. You may not use the email address of another person or entity that is not lawfully available for use, a name or trademark that is subject to any rights of another person or entity without receiving appropriate authorization, or a name that is offensive, vulgar, or obscene.
3. Pricing, Billing, Cancellation, and Refunds
Certain features of the Service may be provided for a fee. If You elect to use paid aspects of the Service, You agree to the pricing and payment terms below. Libra may add new services for additional fees, or amend fees and charges for existing services, at any time in its sole discretion. Any pricing changes or new payment terms shall become effective in the billing cycle following notice of such change to You as provided in these Terms of Service.
Libra accepts credit cards and will automatically charge Your credit card monthly or each time You purchase a paid service, depending upon which payment options You select. If any fee is not paid in a timely manner, or Libra is unable to process Your transaction using the credit card information provided, Libra reserves the right to suspend or revoke access to Your account. All fees and charges are nonrefundable and there are no refunds or credits for partially used periods of time.
Libra may change the fees and charges in effect, or add new fees and charges from time to time, but we will give You at least two weeks (14 days) advance notice of these changes by email. If You want to use a different credit card or if there is a change in Your credit card validity or expiration date, You may edit Your information by accessing Your account page. If Your credit card reaches its expiration date, Your continued use of the Service constitutes Your authorization for us to continue billing that credit card and You remain responsible for any uncollected amounts. It is Your responsibility to keep Your contact information and payment information current and updated.
4. Your Content
We allow You to upload certain content on the Service, including comments, suggestions, and feedback (“Content”). Please read this section carefully before posting, uploading, or otherwise making available any Content on the Service.
Libra may retain and continue to use, host, display, store, cache, reproduce, publish, transmit, modify, re-format, re-arrange, distribute, and create derivative works of any of Your Content that You have posted to the Service. If the potential for public dissemination of Your Content concerns You, please do not share that Content. Please note that recipients of Content are not allowed to download or maintain a copy of such shared Content.
We do not assert any ownership over Your Content; rather, as between Libra and Yourself, subject to the rights granted to Us in these Terms of Service, You retain full ownership of all of Your Content and any Intellectual Property Rights or other proprietary rights associated with Your Content. “Intellectual Property Rights” means all patent rights, copyright rights, moral rights, rights of publicity, trademark, trade dress and service mark rights (and all associated goodwill), trade secret rights, and all other intellectual property and proprietary rights as may now exist or hereafter come into existence, and all applications for any of these rights and registrations, renewals and extensions of any of these rights, in each case under the laws of any state, country, territory or other jurisdiction.
We make no effort to review any of Your Content for any purpose, including but not limited to, for accuracy, legality or non-infringement. You warrant and represent to Us that You have the right to enable the Service to use Your Content without violating any rights You might have in such Content or any third party rights in such Content. You may remove Your Content from the Service at any time; however You acknowledge that We may retain archived copies of Your Content.
You, and not Us, are entirely responsible for all Content that You upload, post, transmit or otherwise make available via the Service. Under no circumstances will Libra be liable in any way for any Content, including, but not limited to, any errors or omissions in any Content, or any loss or damage of any kind incurred as a result of the use of any Content posted, transmitted or otherwise made available via the Service.
Under no circumstances will We be liable in any way for any user Content, including, but not limited to, any errors or omissions in any user Content, or any loss or damage of any kind incurred as a result of the use of any user Content posted, transmitted or otherwise made available via the Service.
By making Your Content available to Our Service, You are granting Us a non-exclusive, royalty-free, transferable, sub-licensable, worldwide license to use, host, display, store, cache, reproduce, publish, transmit, modify, re-format, re-arrange, distribute, and adapt (including, without limitation, in order to conform it to the requirements of any networks, devices, services, or media through which the Service is available), and create derivative works of Your Content. The rights You grant to Us are for the limited purpose of operating and providing the Service, improving the Service, and allowing Us to develop new services.
Opinions, advice, statements, offers, or other information or content made available through the Service, but not directly by Us, are those of their respective authors, and should not necessarily be relied upon. Such authors are solely responsible for such content. We do not guarantee the accuracy, completeness, or usefulness of any information on the Service. We also do not adopt or endorse, nor are We responsible for the accuracy or reliability of any opinion, advice, or statement made by parties other than Us. Under no circumstances will We be responsible for any loss or damage resulting from anyone’s reliance on information or other Content posted on the Service, or transmitted to users. We reserve the right, but We have no obligation, to monitor the materials posted in the public areas of the Service.
5. Removal of Content
We may remove any Content at any time for any reason (including, but not limited to, upon receipt of claims or allegations from third parties or authorities relating to such Content), or for no reason at all. We may also impose limits on certain features and services or restrict Your access to parts or all of the Service without notice or liability.
7. Third Party Sites
Links to third party websites are not endorsements or referrals of any products, services or information contained in such websites. Information provided and opinions expressed by others do not necessarily represent Our opinions. We expressly disclaim any and all liability resulting from reliance on such information or opinions. Some products, manufacturers and service providers may be mentioned in or on the Service. Mention of these products, manufacturers or service providers does not constitute an endorsement by Us. We shall have the right, at our sole discretion, to remove links and images attached to such links, if such links are flagged by users as offensive.
8. Use Restrictions
You represent and warrant that You will not use the Service to:
- Upload, post, email, transmit or otherwise make available any Content that is unlawful, harmful, threatening, abusive, harassing, tortious, defamatory, vulgar, obscene, libelous, invasive of another’s privacy, hateful, or racially, ethnically or otherwise objectionable.
- Express or imply that any statements You make are endorsed by Us, without Our specific prior written consent.
- Use any robot, spider, site search/retrieval application, or other manual or automatic device or process to retrieve, index, “data mine”, or in any way reproduce or circumvent the presentation of the Service.
- Interfere with or disrupt the Service, or the servers or networks connected to the Service.
- Forge headers or otherwise manipulate identifiers to disguise the origin of any Content transmitted through the Service, or attempt to impersonate another user, person or entity.
- Download lists of other users of the Service and use their information to for Your own business reasons.
- “Frame” or “mirror” any part of the Service, without Our prior written authorization or use meta tags or code or other devices containing any reference to Us or the Service in order to direct any person to any other websites for any purpose.
- Modify, adapt, sublicense, translate, sell, reverse engineer, decipher, decompile or otherwise disassemble any portion of the Service, or cause others to do so.
- Upload, post, email, transmit or otherwise make available any Content that You do not have a right to make available under any law or under contractual or fiduciary relationships (such as inside information, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements).
- Provide false, inaccurate or misleading information on the Service (directly or by omission or failure to update information).
- Post or transmit, or cause to be posted or transmitted, any communication or solicitation designed or intended to obtain password, account, or private information from any user.
- Create or send unsolicited email or other electronic communications.
- Upload, post, email, transmit or otherwise make available any Content that infringes any patent, trademark, trade secret, copyright or other proprietary rights of any party.
- Upload, post, email, transmit or otherwise make available any material that contains software viruses Trojan horses, worms, time bombs, cancelbots, easter eggs or any other computer code, files or programs designed to interrupt, destroy detrimentally interfere with or limit the functionality of any computer software or hardware or telecommunications equipment or intercept or expropriate any system, data or personal information.
- Submit stories or comments linking to affiliate programs, multi-level marketing schemes, or websites/blogs repurposing existing stories (source hops).
- Advertise to, or solicit, any user to buy or sell any products or services. It is also a violation of these rules to use any information obtained from the Service to contact, advertise to, solicit, or sell to any user without the user’s prior explicit consent.
- Intentionally or unintentionally violate any applicable local, state, national or international law.
We reserve the right, but are not obligated to, investigate and terminate Your participation in the Service if You have misused the Service, or violated any of the restrictions above.
9. No Warranties
YOU Acknowledge and agree that LIBRATAX BEARS no responsibility or liability to YOU for any governmental or regulatory intervention in the operation of the SERVICE. THE COMPANY specifically disclaims liability for any losses or penalites foreseen or unforeseen, that YOU may suffer as a result of use of THE SITE OR SERVICES.
You understand and agree that authentication of transaction data is provided by sources that are deemed reliable; however, such data is not guaranteed by these sources, the information providers, or any other person or entity, and may not be accurate or complete.
The Service may be temporarily unavailable from time to time for maintenance or other reasons. We are not responsible for any technical malfunction or other problems of any telephone network or service, computer systems, servers or providers, computer or mobile phone equipment, software, failure of email or players on account of technical problems or traffic congestion on the Internet, on the Service, on any website or any combination thereof, including injury or damage to Your device or other hardware or software, related to or resulting from using or downloading materials in connection with the Service.
No oral or written information or advice provided by Us, its resellers, agents or employees shall create a warranty or in any way increase the scope of any warranty period.
10. Limitation of Liability
IN NO EVENT SHALL LIBRATAX BE LIABLE TO YOU, OR ANY THIRD PARTY, FOR ANY DAMAGES ARISING FROM YOUR USE OF, OR ANY THIRD PARTY’S USE OF, OR INABILITY TO USE, THE SERVICE (WHETHER SUCH DAMAGES ARE DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL, AND ARISING FROM ANY CAUSE WHATSOEVER, WHETHER IN CONTRACT OR TORT, INCLUDING DAMAGES FOR LOSS OF PROFITS, REVENUE, OR DATA) EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. WITHOUT LIMITING THE FOREGOING, IN NO EVENT SHALL LIBRATAX BE LIABLE FOR LOSS OF YOUR DATA, INFORMATION, CONTENT OR OTHER INFORMATION IN CONNECTION WITH THE USE OF SERVICE.
11. Term and Termination
12. Audit Rights
13. Intellectual Property Rights
All Intellectual Property Rights in and to the Service shall be owned by Us absolutely and in their entirety. These rights include, but are not limited to, database rights, copyright, design rights (whether registered or unregistered), trademarks (whether registered or unregistered) and other similar rights wherever existing in the world together with the right to apply for protection of the same. All other trademarks, logos, service marks, company or product names set forth in the Service are the property of their respective owners. You may not remove or alter any trademark, trade names, service mark, product names, logo, copyright or other proprietary notices, legends, symbols or labels featured on the Service. You acknowledge and agree that any questions, comments, suggestions, ideas, feedback or other information about the Service (“Submissions”), provided by You to Us are non-confidential and shall become the sole property of Us. We shall own exclusive rights, including all Intellectual Property Rights, in these Submissions, and shall be entitled to the unrestricted use and dissemination of these Submissions for any purpose, commercial or otherwise, without acknowledgment or compensation to You.
14. E-mail and Text Communications
E-mail communications and text messages sent from Us to You are designed to make Your experience more efficient and enjoyable. You specifically agree to accept and consent to receiving e-mail communications and text messages initiated from Us, which include, without limitation: e-mails or text messages informing You about potential available new products, e-mails informing You of promotions We run and emails informing You of new and existing features We provide. Standard text messaging charges applied by Your cell phone carrier will apply to text messages We send. If You change Your mobile phone service provider, the notification service may be deactivated for Your phone number and You may need to re-enroll in the notification service. We reserve the right to cancel the notification service at any time. If You do not wish to receive any of Our e-mail communications or text messages, You shall have the opportunity to opt out of receiving communications from Us (excluding messages targeted directly at You about matters regarding the state of Your account, billing, or Your continued use of the Service.
15. Surveys and Feedback
We may periodically present You with surveys or solicit Your opinion about the Service. You acknowledge that Your participation in these types of programs is completely voluntary. By submitting opinions, suggestions, feedback, images, documents, and/or proposals to us through these surveys, any suggestion or feedback webpages, or through any other communication with You, You acknowledge and agree that: (a) the suggestions or feedback You provide will not contain confidential or proprietary information; (b) We are not under any obligation of confidentiality, express or implied, with respect to the suggestions and feedback You provide; (c) We shall be entitled to use or disclose (or choose not to use or disclose) the suggestions and feedback You provide for any purpose, in any way, in any media worldwide (without disclosing Your identity); (d) We may have similar ideas to the suggestions and feedback You provide already under consideration or in development; (e) the suggestions and feedback You provide will automatically become Our property without any obligation to You; and (f) You are not entitled to any compensation or reimbursement of any kind from us under any circumstances.
You acknowledge and agree that We are not responsible or liable for the failure of any third party to comply with the rules, terms, conditions, policies, and applicable laws, rules, or regulations governing any Promotion.
LIBRATAX DOES NOT SPONSOR, ADMINISTER OR ENDORSE THE CONTENT OF ANY PROMOTION DISTRIBUTED THROUGH THE SITE UNLESS OTHERWISE STATED AND IS THEREFORE NOT LIABLE OR RESPONSIBLE FOR SUCH PROMTIONS.
17. Alpha and Beta Release Versions
18. Independent Contractors
The failure of either party to exercise in any respect any right provided for herein shall not be deemed a waiver of any further rights hereunder.
20. Force Majeure
We shall not be liable for any failure to perform Our obligations hereunder where such failure results from any cause beyond Our reasonable control, including, without limitation, mechanical, electronic or communications failure or degradation (including “line-noise” interference).
23. Governing Law
24. Arbitration Agreement and Waiver of Class Remedies
25. Entire Agreement
26. Partial Invalidity
If, at any time, any provision hereof is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, neither the legality, validity or enforceability of the remaining provisions hereof nor the legality, validity or enforceability of such provision under the law of any other jurisdiction shall in any way be affected or impaired thereby. The invalid provision shall be replaced by a valid one which achieves to the extent possible the original purpose and commercial goal of the invalid provision.
27. Export Control
You shall comply with all export laws and restrictions and regulations of the United States Department of Commerce or any other United States or foreign agency or authority, and agree not to export, or allow the export or re-export of any Content in violation of any such restrictions, laws or regulations or unless and until all required licenses and authorizations are obtained to the countries specified in the applicable U.S. Export Administration Regulations (or any successor supplement or regulations). By using the Service, You are agreeing to the foregoing and You are representing and warranting that You are not located in, under the control of, or a national or resident of any restricted country or on any such list.