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The Company’s effective tax rates for 2015, 2014 and 2013 differ from the statutory federal income tax rate of 35% due primarily to certain undistributed foreig
by CalChris 10y ago
The Company’s effective tax rates for 2015, 2014 and 2013 differ from the statutory federal income tax rate of 35% due primarily to certain undistributed foreign earnings, a substantial portion of which was generated by subsidiaries organized in Ireland, for which no U.S. taxes are provided when such earnings are intended to be indefinitely reinvested outside the U.S.
https://www.sec.gov/Archives/edgar/data/320193/000119312515356351/d17062d10k.htm https://www.sec.gov/Archives/edgar/data/320193/0001193125153...