Are incentives (rebates, discounts, coupons, etc.) taxable?
Are incentives (rebates, discounts, coupons, etc.) taxable?
- Incentives are taxable if the retailer receives reimbursement (e.g., manufacturer’s rebate, employee discounts).
- Incentives are not taxable if the retailer does not receive reimbursement from any source.
See Illinois Administrative Code, Section 130.401 and 130.2125.
