The profit on the sale of an asset after any applicable taxes on that asset are paid. This amount can vary a great deal, depending on whether one owes any income tax or capital gains tax.
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When one sells an asset, the profit on that sale after any applicable taxes on it are paid. For example, if one sells a house for a $100,000 profit (after paying off ...
- What is after-tax proceeds from resale? definition and meaning
Definition of after-tax proceeds from resale: The profit on the sale of an asset after any applicable taxes on that asset are paid. This amount can vary a great deal, ...
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after-tax proceeds from resale. the amount of money left for the investor after all obligations of the transaction, and personal income taxes on the transaction.
- After-Tax Proceeds From Resale: Definition from Answers.com
The amount of money left for the investor after all obligations of the transaction, and personal income taxes on the transaction.
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