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Author:Malitz, P.
Title:The business of Barter
Journal:Journal of Accountancy
1998 : MAR, VOL. 185:3, p. 72-74
Index terms:ACCOUNTING
BARTERING
CORPORATE PLANNING
COMPANY TAXATION
Language:eng
Abstract:Barter is one of the oldest forms of trade. In the today's business world, barter has been transformed into a sophisticated way of doing business. As more businesses barter, it becomes more important also for CPAs to understand how such transactions work, especially the tax ramifications. Barter is more than just a fair exchange of goods and services btw. two businesses. It often provides both marketing and financial bonuses for both sides, as well.
SCIMA record nr: 176052
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