Pre Tax Definition
Before taxes are deducted.
Pre tax definition. Resona holdings inc tyo 8308 said that its group pre tax profit increased by 51 5 per cent to jpy114 79bn while sumitomo trust banking co pink. How to use pretax in a sentence. Pre tax profits or losses are the total profits or losses made by a company before tax. The gross amount paid for a good or service before taxes are taken out.
The traditional ira 403 b 457 and most 401 k plans are examples of tax advantaged accounts that allow retirement. Pretax synonyms pretax pronunciation pretax translation english dictionary definition of pretax. Pre tax exists in various financial transactions such as wages paid healthcare plans childcare plans and retirement investments and can be a major factor in purchasing a product or service. A pre tax contribution is a payment made with money that has not been taxed.
Pretax definition prior to the payment of taxes. Bonds earning 12 percent pretax. Pretax definition is existing before provision for taxes. Meaning pronunciation translations and examples.
Prior to the payment of taxes. Pretax earnings is a company s income after all operating expenses have been deducted from total sales but before income taxes have been subtracted. Meaning pronunciation translations and examples. Existing before tax deductions.