pretax writedown

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Pretax Writedown

In accounting, the reduction in value of an asset before one accounts of taxes owed. Pretax writedowns may reduce one's tax liability. See also: Depreciation.

pretax writedown

An accounting reduction in the value of an asset, measured before any effect by income taxes.
References in periodicals archive ?
Its pre-tax write down on Greek sovereign debt was EUR333m.
5 million pre-tax write down for closing two Incredible Universe stores in May.
5 million (continuing operations portion) non-cash, pre-tax write down of goodwill and other intangibles at Prospect's legacy IPA operation
The pre-tax write down on its Greek sovereign debt was EUR2.
In the third quarter of 1998, the Company had recorded an after-tax loss of $126,240, primarily as a result of a pre-tax write down of inventory of $300,000.
8 million, non-cash, pre-tax write down of goodwill and identifiable intangibles relating to Prospect's legacy IPA operation, amounting to $3.
The loss included a EUR377m pre-tax write down on Greek bond holdings.
6 million pre-tax write down of the Company's retained production payment from Khanty Mansiysk Oil Corporation due to the financial turmoil in Russia, low oil prices and the resulting lower oil revenues.
HL&P's earnings also reflect a pre-tax write down of a portion of its investment in STP ($12.
The fiscal 2005 fourth quarter results included a non-recurring, non-cash, pre-tax write down of approximately $2,200,000, or $0.
HL&P's earnings also reflect a pre-tax write down of a portion of its investment in STP ($13 million in the first quarter of 1996 and $63 million for the twelve months ended March 31, 1996) and the amortization of certain HL&P lignite reserves ($6 million in the first quarter of 1996).
1) The fiscal 2005 fourth quarter and full-year results reflect a non-recurring, non-cash, pre-tax write down of approximately $2,200,000, or $0.