Engineering ToolBox - Resources, Tools and Basic Information for Engineering and Design of Technical Applications!

Income Tax

Income tax vs. taxable income.

Sponsored Links

Taxable Income

can be expressed as

TI = Σ R - Σ C - Σ D - Σ OE         (1)


TI = taxable income

R = revenues

C = operating costs of projects or goods sold

D = assets depreciation

OE = operating expenses

Income Taxes

can be calculated as

IT = TI tr         (2)


IT = income taxes

tr = tax rate

Sponsored Links

Related Topics

  • Economics

    Engineering economics - cash flow diagrams, present value, discount rates, internal rates of return - IRR, income taxes, inflation.

Related Documents

Sponsored Links

Engineering ToolBox - SketchUp Extension - Online 3D modeling!

3D Engineering ToolBox Extension to SketchUp - add parametric components to your SketchUp model

Add standard and customized parametric components - like flange beams, lumbers, piping, stairs and more - to your Sketchup model with the Engineering ToolBox - SketchUp Extension - enabled for use with older versions of the amazing SketchUp Make and the newer "up to date" SketchUp Pro . Add the Engineering ToolBox extension to your SketchUp Make/Pro from the Extension Warehouse !

Translate this Page

Translate this page to Your Own Language .

About the Engineering ToolBox!

Privacy Policy

We don't collect information from our users. More about


This page can be cited as

  • The Engineering ToolBox (2008). Income Tax. [online] Available at: [Accessed Day Month Year].

Modify the access date according your visit.


3D Engineering ToolBox - draw and model technical applications! 2D Engineering ToolBox - create and share online diagram drawing templates! Engineering ToolBox Apps - mobile online and offline engineering applications!

Unit Converter


Sponsored Links