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
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,
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
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.
To estimate, use the following formula: T$ x (GM – C) x (1 – T) Where: · T$ is the value of Tradebank Dollars you
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