NAC361.248. “Cash flow,” “net cash flow” or “after-tax cash flow” defined.

Latest version.

“Cash flow,” “net cash flow” or “after-tax cash flow” means the sum of depreciation (and depletion, if any) and net income after all expenses, all taxes and interest on debt. Conversely, it is gross income minus operating expenses, interest on debt, property taxes and income taxes.

[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');