the operating income represents the income before income tax , it is not called profits

<b>Does annual income mean with taxes?</b>
Annual income is gross salary before taxes. Net income is after taxes.

<b> share: Is Annual income before or after taxes?</b>
It could be either one that you want it to be called. Annual income before taxes for the year. Or Annual income after taxes for the year.

<u> share: How do you compute a monthly net income?</u>
Net income is you income before taxes. To calculate take your pay before taxes(which is your gross income) and subtract it by the amount of taxes you have paid. i.e You earned $200.00 taxes paid -$ 50.00 Net Income $150.00

<b> share: What are the government's main source of income?</b>
Taxes, Charges,Borrowings and Surplus from Trading (profits).

<b> share: Is annual income calculated before or after taxes?</b>
Annual gross taxable income and your adjusted gross income amount of worldwide income would be calculated before t