Barter Trade Dollar Transactions Remain Legal, Despite Defendant’s Legal Argument in North Carolina Federal Court

IRTA Barter Articles

PORTSMOUTH, VA (BUSINESS WIRE) — “Trade Dollars used in modern trade and barter transactions among businesses participating in barter exchanges are a legal and robust form of commerce in America,” said Ron Whitney, Executive Director of the International Reciprocal Trade Association (IRTA). The U.S. organized barter industry was officially sanctioned by the Tax Equity and Fiscal Responsibility Act (TEFRA) of …