Profits Method definition
Profits Method means the adjustment of the gross profit to net profit and applying a figure to the net profit to arrive at the rent to be paid to the landlord;
Examples of Profits Method in a sentence
Rent: The rent proposal is prepared in accordance with RICS Guidance and is based on the Profits Method of Valuation as specified in the RICS Guidance.
In the event that NWT and the Company are unable to agree on the then prevailing market price for products or services sold to affiliates of NWT or Persons other than bona fide third parties of NWT, then the market price shall be determined based on the Comparable Profits Method under the Tax Act and the rules, regulations and interpretive releases of the Internal Revenue Service promulgated thereunder.