Effective tax rate definition

Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

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Effective tax rate means the rate that will produce last year's total tax levy (adjusted) from this year's total taxable values (adjusted). "Adjusted" means lost values are not included in the calculation of last year's taxes and new values are not included in this year's taxable values.

Effective tax rate means the ratio (expressed as a percentage) of provision for income taxes to income before income taxes for a specified period. The effective tax rate measures the actual amount of pre-tax income the Company pays in taxes and is a useful comparison to industry benchmarks and prior periods.

Examples of Effective tax rate in a sentence

Effective tax rate defined as (Adjusted Tax Expense / Adjusted Pretax Earnings) 2 End-of-year metrics.
Income taxes Three months ended September 30, Nine months ended September 30, (dollars in thousands) 2020 2019 % Change 2020 2019 % Change Income tax expense (benefit) $ 1,242 $ (273) (555) % $ 4,710 $ (500) (1,042) % Effective tax rate 27.3 % 0.4 % (4.4) % 0.5 % We recorded an income tax expense of $1.2 million for the three months ended September 30, 2020 on a pre-tax net income of $4.5 million, which resulted in an effective tax rate of 27.3%.
Effective tax rate before minority (2.2) ---- (2.7) ---- (2.3) ------ (1.9) ------ interests..........................
Statutory federal income tax rate 34% 34% Valuation allowance (34) (34) Effective tax rate -% -% NOTE 2 - RELATED PARTY TRANSACTIONS Rio Vista, a subsidiary of Azur Development Corp.
Effective tax rate for the quarter has been at 64.8% and that for the year has been at 27.0%.

More Definitions of Effective tax rate

Effective tax rate means the tax rate imposed by a locality on tangible personal property on the

Effective tax rate means a rate expressed in

Effective tax rate means the tax rate imposed by a locality on tangible personal property multiplied

Effective tax rate means with respect to each class of property:

Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). "Adjusted" means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values. "Rollback tax rate" means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

Effective tax rate means a rate expressed in dollars per $100 of taxable value calculated according to the following formula:

Effective tax rate means, for any Fiscal Year, the fraction the numerator of which is the consolidated tax expense of the Company and its subsidiaries for such Fiscal Year and the denominator of which is the consolidated income or loss before income taxes of the Company and its subsidiaries for such Fiscal Year. For this purpose, consolidated income or loss of the Company and its subsidiaries shall be calculated by including extraordinary items and the income or loss of discontinued operations, and income tax expense shall be calculated by including the income tax expense attributable to such extraordinary items or discontinued operations.