That is not true. Will over-torquing a tank by %15 or %20 hurt the tank? Probably not. But the angle created by the torque wrench to the crow's foot is immaterial. You will increase the torque by the distance between the center of the drive to the center of the fastener.
Perhaps we are not yet at a meeting of the minds on what we are each saying.
In the following image, I am saying that B is definitely longer than L, and to be
exact you should calculate that difference, and use it in place of E in any formula using your crowsfoot at a 90° offset versus your calculation when using it at 0°.
But in actual practice, that relative difference is small enough to ignore. We probably incorporated far more imprecision by deciding that measuring from the center of the handle is "good enough" for our purposes. No way can I say that is exactly and consistently where I apply force when turning my wrench.
Now, if I place a 4" extension on a 9" torque wrench, we have another matter and need to go back to the drawing board. Or if using a fairly large crowsfoot on a fairly short torque wrench, which is pretty unlikely. In my case, my most commonly used cylinder crowsfoot (Sherwood, Thermo, etc.) is 1.5", which adds 2" to the length (E in above diagram) at 0°. If used that way, setting for 35.7 foot-pounds gives me my desired 40 foot-pounds.
Now, using a tape measure rather than spending the next hour or two refreshing my high school geometry (or is it trig?) skills, the same crowsfoot/wrench combination at 90° only adds about 1/8th" to the length rather than 2". That means I set for 39.7 to apply 40. The tools we are using are not that accurate in the first place.
I have visited multiple sites online with conversion formulas, and they all have said to ignore any adjustment for a 90° crowsfoot. Again, an extension is a different matter.