How does the IRS view trade exchanges like Tradebank?
The IRS classifies trade networks as third-party record keepers. Therefore, Tradebank has the same reporting requirements as banks and stock exchanges. Each year, members receive
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News and Insights
What is a trade broker?
Tradebank has always placed great value on personalized service. We commit one Business Development Manager/Broker to each client. The broker makes it his or her
What companies are clients of Tradebank? Is Tradebank for small businesses? Are there any Fortune 1000 companies?
Tradebank members include businesses of all sizes, ranging from sole proprietorships to multinational, Fortune 1000 companies. Tradebank has the critical mass of buyers and sellers,
What are Tradebank Dollars (T$)?
· The T$ is the official currency of Tradebank. Trade transactions between companies are actually converted to trade credits or “trade dollars” (one trade dollar
I’ve bartered products and services with other businesses. Why do I need Tradebank?
Trading through Tradebank is easier than trading on your own. We expose your business to more new prospects and help you increase your sales. Because
I purchase everything wholesale. Why would I want to buy products and services via Tradebank?
Many Tradebank clients have established long-term business relationships. Tradebank doesn’t require that you change your relationships. We help you expand your customer and supplier network.
How much additional cash could be made available for your business by trading via the Tradebank Network?
To estimate, use the following formula: T$ x (GM – C) x (1 – T) Where: · T$ is the value of Tradebank Dollars you
How does the IRS view purchases and sales via Tradebank?
Sales made through Tradebank are reported to the IRS, as required by law (U.S. $1.00 = 1.00 T$). Members may deduct from their taxes, purchases
Consumers Choice
The public has chosen barter industry frontrunner Tradebank International, Inc. as recipient of the prestigious Consumers’ Choice Award for 2009 in the “Barter and Trade
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If you have questions or are ready to join ... We are Available
Tradebank International
327 Dahlonega Street Suite 604B
Cumming, GA 30040
Phone: 678-533-7100
FAX: 678-533-7113
Toll Free: 888-568-5680
Proud Member of the International Reciprocal Trade Association.
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