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by adastra22 1539 days ago
Costs are deducted though, so it is only 30% of the profits.
1 comments
f7ebc20c97 1539 days ago
Technically everything is a cost, though, right?
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adastra22 1539 days ago
These things are precisely defined in accounting terms though. Whatever you bartered away had a cost basis, and whatever you got in exchange has a fair market value. The difference is income.
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f7ebc20c97 1538 days ago
What if you live in a closed bartering community of abstract economic business entities and everything is a cost basis for something else?
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