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IAS 12 Effective tax Rate Vs Statutory tax rate

This topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.

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October 16, 2022 at 4:48 pm #668803
akka17bakka
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Hello Tutor,
Could you kindly explain the difference between ”effective tax rate, statutory tax rate and weighted average tax rate”, please?
October 17, 2022 at 5:15 am #668925
Stephen Widberg
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Statutory – fixed by law
Effective – Tax / PBT x 100
Weighted average – depends on context could mean anything
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