gross up

(Accounting & Book-keeping) (tr, adverb) to increase (net income) to its pretax value

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

References in periodicals archive

92 per cent of respondents said they do not gross up their executives' severance pay.

CEOs: No change in severance and change-in-control packages

EXHIBIT 2 Tax Gross-Up Usage Compared to Other Popular Perquisites CEO Compensation for 2005 Mean Value Median Value Tax Gross Up $63,381 (46 companies) $28,773 Airplane Usage $122,190 (139 companies) $99,133 Automobile Usage $20,690 (99 companies) $15,600 CEO Compensation for 2006 Mean Value Median Value Tax Gross Up $44,272 (90 companies) $13,495 Airplane Usage $123,456 (190 companies) $74,108 Automobile Usage $19,495 (192 companies) $15,675 Clarifying Intent Through Disclosure

Tax gross-up: recruiting tool, or more compensation?

It's common, he says, for companies to gross up the executive's pay to include payment for that tax.

Looking hard at executive pay: the SEC's proposed disclosure rules on executive compensation will force public companies to look intently at revising their proxy statements. Beyond that, there's a gathering governance storm over executive pay and executive severance

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