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If you barter with someone you don't need to pay sales tax or any other Imperialist tax.
by pengsoo_giant 4y ago
If you barter with someone you don't need to pay sales tax or any other Imperialist tax.
- basicplus2 4y agoNot so.. for example in Australia.. https://www.ato.gov.au/Business/GST/In-detail/Rules-for-specific-transactions/Barter-and-trade-exchanges/ https://www.ato.gov.au/Business/GST/In-detail/Rules-for-spec...
- modeless 4y agoThis is false. Barter is taxed. Of course it has to be, otherwise why would anyone choose to pay in dollars and be taxed?
- vkreso 4y agoBoth parties need to have a specific good or service the other wants for barter to be successful. Money, however, can serve as a medium of exchange eliminating that problem thereby being useful enough to let yourself get taxed for its use.
- deleted 4y ago[deleted]