Net Profit Before Taxes


Definition of Net Profit Before Taxes

Net profit before taxes is the legal designation in business accounting for the remainder of monies available after outgoings are subtracted from incoming monies for a business accounting period.



Net Profit Before Taxes Explained

The first determination that is made for businesses when money is brought in is what needs to be paid to keep business continuing. After those outgoings are assessed the remainder of funds will be classed as net income before taxes.





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