A gross-up clause is a provision in a contract which provides that all payments must be made in the full amount, free of any deductions or withholdings, and ...
Gross up usually refers to an employer reimbursing workers for the taxes paid on some portion of their income, usually from a one-time payment such as ...
Definition of gross up: To increase a net amount to include deductions, such as taxes, that would be incurred by the receiver. This term is most frequently used in ...
Define gross up (phrasal verb) and get synonyms. What is gross up (phrasal verb )? gross up (phrasal verb) meaning, pronunciation and more by Macmillan ...
The term "tax gross-up" is a business term that refers to a payment made to an employee with some type of compensation for taxes built into it.
Essentially, it means that an employer has agreed to pay income taxes for an employee. ... What is the meaning of gross pay? How does it differ from net pay?
This tax assistance usually is referred to as "gross-up." The term refers to the fact that the employee is paid a larger gross amount so that the net benefit, after ...
gross up. To artificially increase operating expenses in a project for accounting purposes in order to calculate each tenant's pro rata share of those expenses.
Aug 1, 2016 ... Term Definition Reimbursement offered to employees for the taxes paid by them on a certain portion of their income is called gross-up.