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Definitions from the Web

Pre-tax

Part of Speech:

Adjective

Senses:

1. Before tax is deducted

This sense refers to an amount or a calculation that occurs before taxes are deducted.

Example sentence: The pre-tax price of the smartphone is $899.

2. Exempt from taxation

In this sense, pre-tax describes something that is not subject to taxes.

Example sentence: Contributions to a pre-tax retirement account are deducted from your paycheck before taxes are calculated.

Usage:

Pre-tax is a commonly used term in finance and accounting to signify amounts or conditions that exist before taxes are applied.

Related products on Amazon:

• Pre-tax accounting books
• Pre-tax retirement options
• Pre-tax deduction tools