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English definition of “pre-tax”

pre-tax

adjective [before noun] ( also pretax)
 
 
/ˌpriːˈtæks/
TAX, ACCOUNTING before tax is paid: They will spend more than 15% of their pre-tax income on health care costs. Full-year pre-tax earnings rose approximately 8% to $670 million from $620 million.pretax profits/loss The company had a pre-tax loss of £4.5 million.
(Definition of pre-tax from the Cambridge Business English Dictionary © Cambridge University Press)
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