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Please calculate the Effective Tax Rate (ETR)of a company from the following details: Net Profits before Tax = $2,500,000 Deferred tax benefit due to carry
Please calculate the Effective Tax Rate (ETR)of a company from the following details:
Net Profits before Tax = $2,500,000
Deferred tax benefit due to carry over of NOL = ($500,000)
Current tax expense@ 21% = $525,000
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