"Pretax" refers to an amount of money before any taxes or deductions are taken out. It is the total income or value of something before any taxes are applied. Full definition
Some manipulate the system to minimize or eliminate taxes, but as a group, the top 1 percent accounted for 14.6 percent of pretax income in 2011 and paid 24 percent of federal taxes, estimates the Congressional Budget Office. (courant.com)
Nonetheless, the Group reiterated its previous guidance of delivering at least # 3 billion of pretax profit in the five years beginning 1 May 2016, although it has now sagely suffixed this with the words: «assuming prevailing market conditions persist». (propertychronicle.com)
Yalman Onaran reports: «JPMorgan Chase & Co. and Morgan Stanley would benefit most from changes to post-crisis banking rules proposed by Donald Trump's administration, with pretax profit jumping 22 percent, according to estimates by Bloomberg based on discussions with analysts and the banks» own disclosures. (washingtonpost.com)