Quote:
Originally Posted by ApK
Was the book REALLY given as payment for a service? Or was it a gift, or some other type of low-value promotional item, maybe with the unofficial hopes of getting a review? Even if the reviewer says they got the book "in exchange for the review" that may not be how the publisher, or the IRS sees it.
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To my (admittedly over-literal) mind, if someone states "I received a free copy of this book in exchange for this review", that is an explicit statement that it was a barter arrangement, and thus taxable. As opposed to "the author gave me this book as a gift and I liked it so much that I spontaneously decided to write this review", which would not be barter.