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Business Description
ITEX Corp. runs a members-only marketplace in which member businesses barter goods and services with each other via use of a virtual currency issued by ITEX ("ITEX dollars"). The IRS considers ITEX dollar sales to be equivalent to USD sales and ITEX dollar expenses to be equivalent to USD expenses.
The benefits of membership include:
- A non-cash means of buying a wide variety of goods and services from fellow members,
- An effective online