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by minimax
4486 days ago
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In the US we tax anything that you could remotely consider income. For example if you agree to do some IT work for your dentist in exchange for a couple of fillings, you are supposed to report the fair market value of the transaction and pay tax on it. That is probably hard for the IRS to track down and enforce, but it doesn't stop the tax law from existing. http://www.irs.gov/taxtopics/tc420.html |
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