Net Of Tax
In most cases, net of tax figures are used for the sake of clarity. If a company sells one of its factories for $1 million, but $400,000 of that is eaten up by taxes, the company may present the net of tax figure of $600,000 because that is the amount being added to the bottom line. The tax figure doesn’t disappear, however, as it will be accounted for in the gross figure given for income tax expense, and may be referred to specifically if it was a significant contributor to an unusually high tax bill.
Investment dictionary. Academic. 2012.
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