File puptcrit/puptcrit.0811, message 328

Date: Wed, 19 Nov 2008 13:03:24 -0800
Subject: Re: [Puptcrit] bartering economy and silly things to wear

If I'm not mistaken this is called tax dodging and is against the law.  
One is supposed to declare trades of goods and in kind services, and  
place a fair market value on them.

-Bill Elston

On Nov 19, 2008, at 12:10 PM, Charles Taylor wrote:

> Once a photographer friend of mine traded a portrait of a restaurateur
> for meals.  I was invited to dinner and ate for free for two years.   
> Of
> course there was no tax on the food, but the restauranteur avoid  
> paying
> taxes on the portrait. It=92s underground, bartered economy.

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