Accounting and tax treatments of cashback transactions

Abstract. The relevance of this article is indicated by the fact that nowadays the word "cashback" is found at every turn and in many different areas of commerce. Banks, shops and online platforms offer tempting figures - sometimes up to several tens of percent - back to the customer's account. Within the framework of the above, this article looks at the accounting and tax aspects of the merchant's cashback payment and customer's cashback accumulation accrual in different forms.