taxable profit - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “taxable profit”

taxable profit

noun [C]
 
 
FINANCE, TAX
the part of a profit made by a person or a company on which they must pay tax: The telecommunications company is at least two years away from making a taxable profit.
(Definition of taxable profit from the Cambridge Business English Dictionary © Cambridge University Press)
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