Examlex
Since the introduction of the tax consolidation regime entities that have not elected to be part of a 'tax consolidated group' will not be able to transfer tax losses to other entities:
Contribution Margin
The amount by which a product's selling price exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.
Pretax Income
Earnings of a company before any tax is applied, calculated by deducting all operating expenses, including cost of goods sold and interest, from revenues.
Curvilinear Costs
Costs that change with the level of output but at a non-constant rate, displaying a curved relationship between cost and output.
Nonconstant Rate
Refers to a rate that changes over time, as opposed to a constant or fixed rate which remains the same.
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