Tax Lawyer, Vol. 57, No. 2 SALES PRICE ADJUSTMENTS: THE CONTINUING CONUNDRUM 571 571 SALES PRICE ADJUSTMENTS: THE CONTINUING CONUNDRUM Michael Baillif* I. INTRODUCTION The identification and treatment of sales price adjustments are among the most wide-ranging, and under-analyzed subjects in the tax law. The consequeence of such classification can be substantial and far-reaching. Generally speaking, the question of whether sales allowances, rebates, refunds, trade or other discounts,1 or other...