Yes. Barters or exchanges are considered the same as making sales or purchases. The retail value of the property or services received is the amount to which tax will apply if it is a taxable service.
For example, let’s assume that I, as the owner of a CPA firm, trade my services worth $1,000 to an office supply company for $1,000 of their product. I would not owe sales tax since CPA services are currently non-taxable. But the office supply company would pay sales tax on the full sales value of $1,000.
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