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net of tax

listen to the pronunciation of net of tax
English - Turkish
vergi net
English - English
(Ekonomi) Term used when certain items presented in the financial statements have been adjusted for all income tax effects. Some examples of financial statement items shown net of tax in the income statement are extraordinary gains and losses, cumulative effect of a Change in Accounting Principle, and Income from Discontinued Operations. In the retained earnings section of the balance sheet, Prior Period Adjustments are presented net of tax