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Acronymfinder

What does FIT stand for?

FIT stands for Future Income Tax


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

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Other Resources:
We have 281 other definitions for FIT in our Acronym Attic

Samples in periodicals archive:

For the Years Ended June 30 2012 2011 Estimated future net revenues $ 858,510,526 $ 741,212,773 10% annual discount for estimated timing of future cash flows (412,995,901) (365,874,315) Estimated future net revenues discounted at 10% (PV-10) 445,514,625 375,338,458 Estimated future income tax expenses discounted at 10% (161,917,132) (146,890,504) Standardized Measure $ 283,597,493 $ 228,447,954 Company Contact: Sterling McDonald, VP & CFO (713) 935-0122 smcdonald@evolutionpetroleum.
NOL Use An NOL can be used in two ways: it can be carried (1) back up to two years, to generate a refund (with the exception of the three-year carryback for casualty-loss-related NOLs described above); or (2) forward for up to 20 years, to reduce future income tax liabilities.
They use stochastic techniques for certain elements of the analysis, such as investment performance and mortality, but they don't take into account other kinds of risks or variations in life, such as future income tax laws or having a child or grandchild move back home as a dependent," noted Still River President, Chuck Yanikoski.