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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6 million pretax write-down of low income housing tax credit investments, both as a result of the enactment of the Tax Cuts and Jobs Act.
6m pretax write-down in the carrying value of crude oil inventories and a USD7.
The sale resulted in a pretax write-down of $63 million, or an after-tax charge of 18 cents per share.
85 million pretax write-down of goodwill and other long-lived assets associated with the company's United Kingdom business as well as the relocations costs.
As a result of the restructuring, a pretax write-down of $149 million was recorded by Rite Aid in the fourth quarter of fiscal 1994, which ended in February 1994.
Included in 2005 earnings is a pretax write-down of $812,500, taken on other real estate in the third quarter.
Net earnings prior to a $114 million pretax write-down of Rhodes assets were $9 million or 15 cents per share, compared with $10.
In conjunction with reducing the number of locations, the Company will also take a pretax write-down of 15 million euros for inventory items in North America.
3 million pretax write-down of the carrying value of some of the Company's properties.
The net loss year-to-date included the previously announced $9,853,000 pretax write-down of goodwill and other long-lived assets associated with the company's U.
Chesapeake indicated it will incur a $150 million-$200 million pretax write-down of its entire investment in five of the six fields within the Austin Chalk, including leaseholds and sunk drilling costs.
Partially offsetting these positive effects and negatively impacting earnings at APS in 1995 were the absence of non-cash income (including accretion income) which the company completed recording in May 1994 and which related to a 1991 rate settlement; mild weather; a $13 million pretax write-down of an APS office building in the third quarter; and an $8 million pretax inventory write-down at Palo Verde in the fourth quarter.