Net income after taxes (NIAT) is a term used in corporate finance to refer to a company's net income after all taxes have been paid. This figure is important because it provides a clear picture of a company's profitability after taxes have been taken into account.
A company's net income is its total revenue minus its total expenses. Taxes are typically one of a company's largest expenses, so net income after taxes provides a more accurate picture of profitability than net income before taxes.
It is important to note that NIAT is a after-tax measure of profitability, not a measure of cash flow. A company can be profitable on an after-tax basis but still have negative cash flow if its expenses exceed its revenue. What is another name for net income? The other name for net income is "net profit." Is net income same as revenue? No, net income is not the same as revenue. Revenue is the total amount of money that a company brings in during a certain period of time, while net income is the company's total profit for that same period of time. Which of the following terms is defined as income after deductions? The term "net income" is defined as income after deductions. What is EBIT in balance sheet? EBIT stands for earnings before interest and taxes. It is a measure of a company's profitability that excludes interest and taxes. EBIT is also sometimes referred to as operating income or operating profit.
Is adjusted gross income after taxes?
No, adjusted gross income (AGI) is not after taxes. AGI is your total income from all sources before taxes. So, if you have a job and earn $50,000 per year, your AGI would be $50,000. Then, you would pay taxes on that income, which would reduce your AGI.