Word: pretax
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
That admission confirmed the bad news businessmen had been reading in their spreadsheets for several months. "In 1991 one market after another turned bad," says Yoshihiko Wakumoto, senior vice president of Toshiba Corp., which now admits that its pretax profits for fiscal 1991, ending March 31, may be down a whopping 42%. In April, when many Japanese companies announce their results for 1991 fiscal year, most will report declining profits. Blue chips like Sony, NEC and Matsushita have all experienced drops of over 40% in pretax profits. Japan's security houses, hit by declining commissions from a falling stock market...
...should be clear by now that the post-tax cost of capital has relatively little influence on both the overall level of investment and the uses of invested funds. In fact, the greatest influence on investment is the prospect for pretax returns. The key questions concern how good a new idea is, how much of a market there is for a particular product and how productively it can be created. The issue -- as Clinton understands far better than Tsongas -- is how to make the entire economy more productive, not how the tax code can be jiggered to induce the wealthy...
Happy anniversary, drivers! Just a year after Iraqi troops conquered Kuwait and gasoline prices began spiking, a new study by oil historian Daniel Yergin says pretax, inflation-adjusted gasoline prices are at their lowest point since 1947. Even with recent increases in federal and state fuel taxes, gasoline costs Americans 44% less in real terms than it did in 1980, and, surprisingly, 24% less than it did in the halcyon days of 1960, before anyone had heard of Saddam Hussein or OPEC. Of course, what consumers pay at the pump does not factor in the real environmental and military costs...
...offer retirement benefits. Martin's proposal would eliminate much of the paperwork for companies with 100 or fewer employees, encouraging them to set up plans. Employers would have to contribute 2% of an employee's pay, and a worker could contribute up to about $4,200 on a pretax basis, as much as 50% of which could be matched by the employer. The proposal also takes a step toward portable pensions: workers who change jobs could transfer pension benefits by telling their new employer to roll the money into an IRA. Since the plan is more modest than earlier efforts...
...board contends that Arthur Young, which later merged with Ernst & Whinney, improperly allowed the thrift to show a pretax profit in 1987 by violating generally accepted accounting principles. The firm, which severed its ties to Lincoln in 1988, denies this. Possible penalties include loss or suspension of license, or probation. "Audit firms are under pressure to please the client," says deputy attorney general Michael Granen. "They've got to learn to just...