gross income

(redirected from Pre-Tax Income)
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Gross income

A person's total income prior to exclusions and deductions.

Gross Income

An individual or company's income before taxes and deductions. For individual income, it is calculated as the individual's wages or salary, investment and asset appreciation, and the amount made from any other source of income. In a company, it is calculated as revenues minus expenses. An individual's gross income is important to determining eligibility for certain social programs, while a company's gross income is one measure among many of how well it uses its resources to produce a profit. See also: Adjusted gross income.

gross income

1. For a business, its total revenues exclusive of any expenses.
2. For an individual, all income except as specifically exempted by the Internal Revenue Code. For example, an inheritance is specifically excluded from gross income.

gross income

The total revenue of a business or individual before deduction for expenses, allowances,depreciation,or other adjustments.

Gross Income

Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law.
References in periodicals archive ?
UWSI third quarter pre-tax income attributable to Small Group PPO Products was $7.
Pre-tax income in the current third quarter, will be up significantly from the $461,756 reported for this year's second quarter but will be less than the pre-tax income of $1,167,002 in the third quarter of 1993 due to the Company's investment in its infrastructure to accommodate its rapid growth.
In the same period, pre-tax income (excluding restructuring charges taken during the six-month period) totaled US$79 million.
AMS), reported solid growth in revenue and pre-tax income.
Adjusted pre-tax income (1) for the first nine months of 2006 was $53.
Pre-tax income of $202 million, or 41 percent of net revenues
The company reported pre-tax income of $286,958 in comparison with $82,702 for the same period a year ago and net income of $121,530 in comparison with $79,702 for the same period a year ago.
Excluding this write-off, both operating income and pre-tax income grew by 64% from the previous quarter while operating income and pre-tax income declined by 17% and 11% respectively from the previous year.
Pre-tax income for the first quarter rose by 27%, to $203,290 from $160,216 in the first quarter of 1993.
Excluding restructuring charges taken in the first quarter, pre-tax income totaled US$34 million.
First quarter pre-tax income increased 31 percent to $4.
Today SterlingSouth Bank & Trust Company (OTCBB: SSBT) reported that pre-tax income excluding merger-related expenses for the second quarter of 2006 was $493,000 up 58% when compared with pre-tax income of $313,000 for the second quarter of 2005.