INCOME AFTER TAXES Definition

Bookmark and Share

INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue.

Learn new Accounting Terms

DIVISION is a self-sufficient unit within a company. A division contains all the functions necessary to operate independently from the parent company.

NET INTEREST INCOME see NET INTEREST MARGIN.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.