Before-Tax Basis

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Before-Tax Basis

Any calculation that does not account for either income taxes or capital gains taxes. The before-tax basis is not as useful as the after-tax basis for arriving at an accurate figure, particularly given the fact that some investments are tax-exempt. See also: Pretax contribution.
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For full-time employees currently making USD15 an hour, the increase will amount to roughly USD500 more per month on a pre-tax basis. On an annualised basis, it represents an additional investment of nearly USD15m the bank makes in its employees.
Fiscal year 2020 guidance is adjusted on a pre-tax basis for expected business realignment expenses of approximately $20M.
On pre-tax basis company's loss remained relatively flat at PKR 617mn while a tax reversal of PKR 533mn during the quarter minimized the loss.
On a pre-tax basis, profits are tipped to rise from PS18 million to PS48 million.
On a pre-tax basis, profits were up 24% at PS1.34 billion in the period.
On a pre-tax basis, our income would have increased 15% from the second quarter of 2018, 10% from the third quarter of 2017 and 14% from the first nine months of 2017 if changes in the fair value of marketable equity securities recognized in 2018 and gains on sale of securities for these periods as reported in non-interest income were excluded."
This growth is a function of lower effective tax rate of 10% as compared to 30% in 4QFY17 (booking of tax credits on DGKC and CHCC new plants), on a pre-tax basis profits are expected to go down by 10%YoY.
On a pre-tax basis, FY18 profitability was lower by 10 per cent YoY.
Acquisition and conversion related costs (including lease termination costs) are estimated to be approximately USD 34.2 m on a pre-tax basis. The transaction is expected to be 2%-3% accretive to IBKC's fully diluted earnings per share in 2019 and 2020.
Contributions to both HSAs and 401(k)s are made on a pre-tax basis. However, HSAs provide the added benefit of also saving the client the 7.65% FICA tax if the client deposits the funds via payroll deduction related to the employer's Section 125 cafeteria plan.
Air Canada said bringing the program back in-house could be worth $2 billion-$2.5 billion on a pre-tax basis over 15 years.
As the owner, you can contribute up to 100 percent of your net self-employment earnings on a pre-tax basis, up to $54,000 in 2017.