On Thu, 2011-06-09 at 07:02 -0700, PICdude wrote: > Quoting Lindy Mayfield : >=20 > > ... > > I once read somewhere that trading the apple for a pear is not =20 > > legal. Bartering. Bypassing all taxes. I don't know if that is =20 > > true or not, and I'm not smart enough to know how to check. >=20 >=20 > I doubt it. Here in the US, if I buy a car from a dealer and trade in =20 > a car, I pay sales tax on the difference. That's certainly true here in Ontario, Canada as well, you only pay sales tax on the difference between your car and your trade in. Also, buying and selling your home is mostly tax free if it's your primary residence (no income tax on the capital gains, no sales tax on the transaction, there is a land transfer tax on the buying of a home amounting to something like 2% of purchase price). TTYL --=20 http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist .