# The Barter Network

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**The Barter Network** is a commercial [trading network](/source/Trading_network) of companies in the United States founded in 2006 by Bergenske Enterprises, Inc. of which [G. Jason Bergenske](/source/G._Jason_Bergenske), [President](/source/President_(corporate_title)) and [CEO](/source/CEO) owns 100% of the corporation's shares. The Barter Network has expanded to include over 700 companies, which trade with one another using a medium of exchange known as a trade dollar.

## Operation

Upon joining the TBN network, members agree to accept TBN Trade Dollars, instead of [USD](/source/USD) legal tender, when they sell to another TBN member. Trade dollars are electronically transferred—via telephone or internet—by the seller from the buyer’s trade dollar account. Members of The Barter Network (TBN) also agree to offer their goods and services at the same prices they charge in cash transactions.

## History

The Barter Network originally opened its doors in 2006 in [Sanford, Florida](/source/Sanford,_Florida) just outside [Orlando](/source/Orlando,_Florida). In November 2007 they outgrew their offices and moved to [Winter Park, Florida](/source/Winter_Park,_Florida).[1]

## Corporate governance

- [G. Jason Bergenske](/source/G._Jason_Bergenske), [Chief Executive Officer](/source/Chief_Executive_Officer)

## Growth

Their trade volume for 2006 was $786K. Their trade volume for 2007 was $1.06 million in 2007.[2] Their trade volume for 2008 was $1.8 million, an increase of 58% over $1.06 million in 2007.[3] Their trade volume for 2009 was $2.7 million[4] Their trade volume for 2010 was $4.2 million.

## Tax implications

In the United States, it is generally not possible to avoid income taxes by [bartering](/source/Bartering) one's services. According to the [IRS](/source/IRS), "The fair market value of goods and services exchanged must be included in the income of both parties."[5] The barter in many cases must be reported on Form 1099-B and Schedule C.[6]

## Industry associations

- International Drive Chamber of Commerce.[7]
- Central Florida International Chamber of Commerce[8]
- World Connect Chamber of Commerce

## See also

- [List of international trade topics](/source/List_of_international_trade_topics)
- [Local currency](/source/Local_currency)
- [Local Exchange Trading System](/source/Local_Exchange_Trading_System)
- [Natural economy](/source/Natural_economy)
- [Private currency](/source/Private_currency)

## References

1. [http://www.thebarternetwork.net](http://www.thebarternetwork.net) TBN Press Releases

1. [http://barternews.com/tuesday.htm](http://barternews.com/tuesday.htm) [Archived](https://web.archive.org/web/20110902035656/http://www.barternews.com/tuesday.htm) 2011-09-02 at the Wayback Machine Barter News Tuesday Report

1. [http://barternews.com/tuesday.htm](http://barternews.com/tuesday.htm) [Archived](https://web.archive.org/web/20110902035656/http://www.barternews.com/tuesday.htm) 2011-09-02 at the Wayback Machine Barter News Tuesday Report

1. [http://barternews.com/tuesday.htm](http://barternews.com/tuesday.htm) [Archived](https://web.archive.org/web/20110902035656/http://www.barternews.com/tuesday.htm) 2011-09-02 at the Wayback Machine Barter News Tuesday Report

1. [Tax Topics – Topic 420 Bartering Income](https://www.irs.gov/taxtopics/tc420.html)

1. [https://www.irs.gov/businesses/small/article/0,,id=113437,00.html](https://www.irs.gov/businesses/small/article/0,,id=113437,00.html) Barter Exchanges

1. [Member of International Drive Chamber](http://www.internationaldrivechamber.com/PDF/Weblinks.pdf)

1. [http://www.centralchamber.org/barter.html](http://www.centralchamber.org/barter.html) Member of Central Florida International Chamber

## External links

- [The Barter Network](http://www.TheBarterNetwork.net)
- [International Reciprocal Trade Association](http://www.irta.com)
- [National Association of Trade Exchanges](http://www.nate.org)

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Adapted from the Wikipedia article [The Barter Network](https://en.wikipedia.org/wiki/The_Barter_Network) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/The_Barter_Network?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.