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Before tax income is gross income less allowable deductions and rebates = assessable income.

After tax income is assessable income less the applicable income tax

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Before tax income is gross income less allowable deductions and rebates = assessable income.

After tax income is assessable income less the applicable income tax

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Income tax IS based on your income that is why it is called INCOME tax.

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Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.

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A income tax is a tax levied on the income of individuals or business.

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Net income is what you get after tax, gross income is before tax.

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Income Taxes

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