- The Italian Supreme Court (ordinance no. 10259/2026) addressed the VAT treatment of customer discounts.
- It held that a credit note is not admissible for cashback when the transaction is under reverse charge.
- A downward adjustment is allowed only if the supplier is the party liable for the tax.
- The ruling is consistent with the Court’s earlier case law.
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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