Word: pretax
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...nation's second largest drugstore chain is saddled with billions of dollars in debt and caught in the crosshairs of an SEC investigation into its questionable accounting practices. For months the bad news has been relentless: In mid-October the board forced out CEO Martin Grass and announced that pretax profits for the past three years would be revised downward by $500 million. Then just before Thanksgiving, the chain's longtime auditor, KPMG, bolted after refusing to re-examine its client's books. Says Edward Comeau, an analyst at Donaldson, Lufkin & Jenrette: "This was a house of cards that just...
...year-end. A Keogh is a tax-deferred savings vehicle, like a 401(k), for the self-employed. If you have left your job and now derive income from consulting or serving as a board member, for example, you are eligible to open a Keogh by contributing, on a pretax basis, 25% of your earnings up to $30,000. Once the account is activated, you have until you pay your taxes next year to fund...
...Number of years it would take Hillary to pay back the difference on a Senator's salary, assuming she donated her entire pretax paycheck...
There's a lot more wrong with Japan's economy than its banks: Toshiba and Hitachi, two of the electronic giants that drove the country's postwar industrial boom, on Monday posted massive losses. Toshiba's $53.6 million pretax loss in the first half of fiscal '98 compared with a $212 million profit for the same period last year; Hitachi lost $1.04 billion compared with a $204 million profit in the equivalent period last year. "These companies will bleed as long as demand at home and in Asia remains weak," says TIME senior business reporter Bernard Baumohl. And therein lies...
...fortunate bunch, all men, ranging in age from twentysomething to fiftysomething, opted for an upfront lump sum of $161.5 million rather than the jackpot total spread out in payments over 25 years. That entitles each of them to $12.4 million pretax dollars--or the equivalent of a try-harder-next-year Christmas bonus for high-level bankers at Goldman Sachs. All the Lucky 13 remained anonymous, except John Jarrell, a 34-year-old father of three, who told reporters that one of his first purchases will be a Harley-Davidson for his wife that will match...