Gross operating surplus
Gross Operating Surplus (GOS) consists of:
Business income of private domestic enterprises (corporate profits before tax with inventory valuation adjustment and without capital consumption adjustment, proprietors' income with inventory valuation adjustment and without capital consumption adjustment, rental income of persons without capital consumption adjustment);
Net interest and miscellaneous payments;
Business current transfer payments (net);
Capital consumption allowances;
Consumption of fixed capital of government, households, and institutions;
Current surplus (or deficit) of government enterprises.
Gross operating surplus differs from the formerly used property-type income component because it includes all nontax liabilities except special assessments and it excludes subsidies.