net earnings definition

net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;
net earnings means such earnings as are calculated in accordance with section 26;
net earnings in relation to an employment means the residue of earnings payable under the employment after deduction by the employer of-

Examples of net earnings in a sentence

  • Net earnings will be determined without regard to items not included in gross income and the deductions allocable to such items.

  • Net earnings shall be determined with regard to the deduction allowed to the Employer by Section 164(f) of the Code.

  • Net earnings are reduced by contributions by the Employer to qualified plans or to a SEP plan to the extent deductible under Section 404 of the Code.


More Definitions of net earnings

net earnings means, with respect to any Fund, Account or Subaccount, or any portion thereof, all interest, profits and other income earned and received by the Trustee and the I-Bank, as appropriate, in respect of such Fund, Account, Subaccount or portion thereof, net of (i) any losses suffered, (ii) any fees due to the Trustee, the provider of an Investment Security, or, at the written direction of an Authorized Officer of the I-Bank, the financial advisor or investment advisor to the I-Bank in connection with an Investment Security held in such Fund, Account or Subaccount, and (iii) any amounts required to be set aside for rebate or to satisfy a yield restriction requirement to the Internal Revenue Service pursuant to any letter of instructions or certificate as to arbitrage.
net earnings means such earnings as are calculated in accordance with paragraph 58 (calculation of net earnings of employed earners);
net earnings means such earnings as are calculated in accordance with paragraph 19 of Schedule 1;
net earnings means, for any period, the net income (loss) for such period, determined in accordance with GAAP.
net earnings means, for any Fiscal Year, the after-tax consolidated net earnings of the Corporation and its subsidiaries as certified by the Corporation's independent accountants for inclusion in the annual report to shareholders ("Annual Report"), adjusted so as to eliminate the effects of any decreases in or charges to earnings for (a) the effect of foreign currency exchange rates, (b) any acquisitions, divestitures, discontinuance of business operations, restructuring or any other special charges, (c) the cumulative effect of any accounting changes, and (d) any "extraordinary items" as determined under generally accepted accounting principles, to the extent such decreases or charges referred to in clauses (a) through (d) are separately disclosed in the Corporation's Annual Report for the year.
net earnings means the dentist's net earnings over the test period, where net earnings are calculated as a percentage of gross earnings over the test period. The percentage to be applied in respect of earnings in the current and the preceding two financial years is 42.6 per cent;
net earnings means such earnings as are calculated in accordance with paragraph 41 or 51 of this scheme, as the case may be;