Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

The effective tax rates are 36% and 49% in fiscal 2005 and 2006 respectively. How should we view the rates for the next fiscal term and later?

0
Posted

The effective tax rates are 36% and 49% in fiscal 2005 and 2006 respectively. How should we view the rates for the next fiscal term and later?

0

A8. The tax rate has risen as a result of clearing the cumulative loss in the US this year, a year in which there was a loss carried over in the US business. We wish to keep the rate at around 40% for next year and onwards.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123