No. The tax code treats barter transactions identically to cash transactions. Barter sales are considered taxable income in the year they are credited; barter purchases made for business are deductible expenses. Traders are responsible for issuing and filing a Form 1099-B (Proceeds from Broker and Barter Exchange Transactions) for barter transactions. Barter exchanges will often report the barter transactions and issue the 1099-Bs for their clients.