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.
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3m pre-tax write-down of the carrying value of crude oil inventories within the marketing segment and a USD10.
The bank is expected to post a USD600m pre-tax write-down for the fourth quarter, as it is planning to redeem USD2bn of trust preferred securities tied to its 2009 acquisition of Merrill Lynch.
2m pre-tax write-down of the Bank's largest foreclosed property, which significantly influenced quarterly year-over-year net income and noninterest expense comparisons.
These figures also include a pre-tax write-down of USD32.
Tribune also reported increased charges for severance and related charged in the quarter, and a $6 million pre-tax write-down of Tribune Entertainment program assets.
As a result, Multiplex has had to make a A$59 million (pounds 24m) pre-tax write-down on the project.
The projected loss is more than double the pounds 21m the Roberts family, which founded the firm and still holds an 26% stake in it, had agreed to cover As a result Multiplex has had to make a 59 million Australian dollars (pounds 24m) pre-tax write-down on the project.
Net income of $794,000 for the three months ending December 31, 2009, included a pre-tax write-down of $1.
8 million non-cash, pre-tax write-down of certain older aircraft, the net loss in the second quarter of 2014 was USD3.
As a result of the transactions announced today, the company expects to record a pre-tax write-down in the third quarter of 2008 of approximately $5.
The discontinued operating results of Arriva include a pre-tax write-down of approximately $5.
The current period included a $212 million pre-tax write-down of an equity investment held by Nikko Cordial.