pretax income
Pre-withholding earnings total
Pretax income is earnings before taxes are deducted—what a person or company makes before the government takes its share.
In corporate finance, it's revenue minus operating expenses but before income tax: The company reported pretax income of $2.3 million.
Personal pretax income is gross earnings before withholdings.
Also called pre-tax income.
- gross earningsIncome before expenses deducted
- take home payEarnings after all deductions
- earningsMoney gained from work
- revenueBusiness income total
- profitGain exceeding expenditure
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