E-mail: bmeyer@barternews.com


Beyond The Limits Of Cash or Credit

Platinum Sponsors:





NATE (Trade Assoc)

ITEX Payment Systems

IRTA (Trade Assoc)


Active International

Web www.barternews.com


What’s Happening In Today’s Marketplace...The Use Of Trade Exchanges & Corporate Barter Companies

(Part 3)

Mixing Trade Exchange Dollars With Non-Profit Time-Dollars

In Ashland (OR), a new idea is taking hold. OurNexChange, a for-profit trade exchange, will be interacting with a sister program called the Time-Dollar Community Exchange.

NexChange will charge a 3% to 7% transaction fee on every trade, while Time-Dollar intends to pay for “neighborly help” or volunteer work at a fixed rate of 16-credits per hour. The Time-Dollar Community Exchange is considered “community enhancement,” and can be accumulated untaxed.

Time-dollar credits will enable non-profit organizations to attract more volunteers, since they are paid in credits, and would promote their mission through exposure on the barter website at the same time.

Members of the trade exchange (OurNexChange) are able to trade more expensive professional services at the lower Time-Dollar Community Exchange rate as a form of “giving back to the community.” Time-dollars also can be used for the barter of used goods which, under IRS codes, are non-taxable.

Presently the IRS considers the commercial for-profit trade exchange and the non-profit Time-Dollar system to be “apples and oranges” i.e., different systems that should not be operated under the same corporation and technology.

The developer and owner of these systems, Sharon Miranda, is working with the IRS to allow members to use both systems, enabling transfer of credits from the trade exchange to the Time-Dollar accounts.

According to Miranda, U.S. dollars are limited and hard to come by, but human energy and idle resources are virtually unlimited. She hopes her idea of a joint bartering system will benefit everyone in the community.

Receive many articles via e-mail regarding the Barter World!


New every week!
The Tuesday Report - a weekly commentary on the barter world. If you wish to receive a summary of The Tuesday Report via e-mail every Tuesday, enter your name and e-mail address and click the Get More Info! Button

about us | about b meyer | from the desk of | barternews blog | contact us | issues | back issues | consulting services | entrepreneurs package | Competitve Edge | FastStart | order | classified advertising | affilates | banner ads | first time visitors | travel section | media section | trade exchange section | corporate barter section | countertrade section | secondary capital section real estate section | trade exchange news 2006 | trade exchange news 2005 | marketplace | community barter section | restaurant & entertainment section | USA barter companies | global barter companies | trade exchange owners | sponsors | tuesday report | 2010 Tuesday Reports | 2009 Tuesday Reports | 2008 Tuesday Reports | 2007 Tuesday Reports | 2006 Tuesday Reports | 2005 Tuesday Reports | 2004 Tuesday Reports | 2003 Tuesday Reports | 2002 Tuesday Reports | 2001 Tuesday Reports | 2000 Tuesday Reports | 1999 Tuesday Reports
Site Architecture & Hosting by XENET