Keyword Analysis & Research: rebate

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Frequently Asked Questions

What is the definition of rebate?

A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales.

Is a commission rebate taxable for the buyer?

Technically, a commission (aka cash) rebate is a price adjustment, and subsequently not the buyer's taxable income . When the buyer subtracts the total of the rebate from the base price of the home, this is the best way to approach the situation.

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