pre-tax profit on sales
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profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… … Financial and business terms
Profit (accounting) — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Tax — Taxation An aspect of fiscal policy … Wikipedia
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… … Financial and business terms
Net profit — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Pretax Profit Margin — A company s earnings before tax as a percentage of total sales or revenues. The higher the pre tax profit margin, the more profitable the company. The trend of the pretax profit margin is as important as the figure itself, since it provides an… … Investment dictionary
Tax protester constitutional arguments — UStaxationTax protester constitutional arguments are assertions that the imposition of the federal income tax violates the United States Constitution. These kinds of tax protester arguments are distinguished from related statutory arguments and… … Wikipedia
Use tax — A use tax is a type of excise tax levied in the United States. It is assessed upon otherwise tax free tangible personal property purchased by a resident of the assessing state for use, storage or consumption of goods in that state (not for… … Wikipedia
Corporate tax — Taxation An aspect of fiscal policy … Wikipedia
Optimal tax — theory is the study of how best to design a tax to minimize distortion and inefficiency subject to increasing set revenues through distortionary taxation.[1] A neutral tax is a theoretical tax which avoids distortion and inefficiency… … Wikipedia