Profit Before Tax

Example Definitions of "Profit Before Tax"
Profit Before Tax. As to any Fiscal Quarter or Fiscal Year, the Company's or a business unit's net sales less all expenses (except for taxes, equity, and minority interest), determined in accordance with generally accepted accounting principles.
Profit Before Tax. As to any performance period, the Company's or a business unit's income before taxes, determined in accordance with generally accepted accounting principles
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