In _____ you may trade similar items without creating a taxable transaction.

Question

Quizplus · Accepted Answer

Bartering allows for the exchange of goods or services without the involvements of cash, hence it is not a taxable transaction. Consignment involves the transfer of ownership of goods, which may result in taxable income or capital gains. Noncash incentives and cash-to-cash cycle also involve the use of currencies, which can result in taxable transactions.

In _____ You May Trade Similar Items Without Creating a Taxable