"Pre-tax Net Income" Definition
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 Glossary   >   P   >   "Pre-tax Net Income" Definition   

        Pre-tax Net Income

A corporation"s annual net income before it has paid taxes. In the USA, The Internal Revenue Service currently allows corporations to deduct charitable contributions as much as 10 percent of their pre-tax net income.

Pre-tax Net Income


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Pre-tax Net Income - A corporation"s annual net income before it has paid taxes. In the USA, The Internal Revenue Service currently allows corporations to deduct charitable contributions as much as 10 percent of their pre-tax net income.


Pre-tax Net Income : a corporation"s annual net income before it has paid taxes. in the usa, the internal revenue service currently allows corporations to deduct charitable contributions as much as 10 percent of their pre-tax net income.