gross up


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gross up

vb
(Accounting & Book-keeping) (tr, adverb) to increase (net income) to its pretax value
References in periodicals archive ?
92 per cent of respondents said they do not gross up their executives' severance pay.
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