ACTUAL EFFECTIVE RATE

The Actual Effective Rate report lists the reconciliation from the US statutory federal rate to the overall calculated effective tax rate. The report shows each component that drives the rate, with both the dollar tax effect and the rate percentage effect.

The rate to reconcile to for the report is determined by the Group Tax Rate that was selected when the dataset was created. To see the reconciliation to the statutory rate, click the Use Unit Tax Rate link.

Effective tax rate rollups are user-defined groupings that determine the way component data appears in the Actual Effective Rate report. The default view separates component differences into their default categories. Clicking different view options from the top right of the page changes the organization of data in the report.

Note: Effective tax rate rollups are managed in Administration in ONESOURCE Tax Provision.