Net interest: Difference between revisions
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imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson (Add link.) |
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1. | 1. ''Tax.'' | ||
''Tax.'' | |||
Interest stated after offsetting tax effects, if any. | Interest stated after offsetting tax effects, if any. | ||
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== See also == | == See also == | ||
* [[Gross interest]] | * [[Gross interest]] | ||
* [[Interest]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 21:01, 29 April 2022
1. Tax.
Interest stated after offsetting tax effects, if any.
In this sense, net interest receivable means interest receivable stated after deducting any tax payable thereon.
In this context, net interest payable means interest payable stated after offsetting any tax relief enjoyed on the interest expense.
2.
Interest (usually) payable, stated after deducting other offsetting interest (usually) receivable in the same period.
