{"iri":"https://lexicon.financial/business/bea/GrossOperatingSurplus","label":"Gross operating surplus","definition":"Value derived as a residual for most industries after subtracting total intermediate inputs , compensation of employees , and taxes on production and imports less subsidies from total industry output. Gross operating surplus includes consumption of fixed capital (CFC) , proprietors' income , corporate profits , and business current transfer payments (net) . Prior to 2003, it was referred to as other value added or property-type income.","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/gross-operating-surplus"}