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.

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 on the Specified Items represents the difference between the GAAP and Non-GAAP effective tax rate.

• Effective tax rate The general idea behind effective tax rates is to look at a corporation’s actual tax contribution by dividing income taxes by a measure of taxable income.If the effective tax rate is substantially lower than the statutory tax rate, this could mean that the company benefits from special tax exemptions or a preferential tax regime, or that part of its profits are not taxed in the jurisdiction.

• Income Tax Expense Effective tax rate for the Group was 23.8% in 1H2020 (1H2019: 13.1%) as a result of higher profits recognised in higher tax jurisdictions in the current period.

• Once the tax basis has been calculated, taxes owed will be derived by applying the following rates: IRPJ: 15% levied on the tax base;IRPJ Surtax: 10% levied on the tax base over BRL 60,000 per quarter; CSLL: 9% levied on the tax base.PIS/COFINS: 3.65% on the gross operating revenues Effective tax rate: 6.73% of revenue Lucro RealUnder Lucro Real, taxable income is defined by the net accounting profit, adjusted for non-deductible expenses, non-taxable revenues, or deferred taxation adjustments.

• Effective tax rate is a non-GAAP measure based upon the U.S. GAAP rate with adjustments for the tax applicable to the non-GAAP adjustments to operating income, generally based upon the effective marginal tax rate in the applicable jurisdiction of the adjustments.

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.