Page 90 - International Taxation IRS Training Guides

Overview (Cont’d)

 ETR
analysis combined with the study of the tax org

charts provides
an overall idea of the tax planning
strategies and the main value drivers of
the ETR.

true whether ETR is high or low compared to US
• This i s

rate and other industry competitors.
statutory

 A trending change in ETR may indicate a change in
if it is an increase or
the tax situation, particularly
decrease in taxes
due to prior transactions.

• This
may be difficult to gauge in the early Post-TCJA years.

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