Exchange agreement in the legislation of countries

Hi, everyone! 👋🏻 Today we will tell you about the barter agreement in the legislation of different countries. History shows that barter was one of the earliest ways of market interaction between people. Despite the emergence of monetary circulation, a barter exchange is still relevant and important today. Usually, a barter exchange is understood as the exchange of ownership of things, goods, services with the participation of legal entities. In tax legislation, barter exchange does not have a strict definition, unlike the term “barter agreement”.