Which of the following items would likely not be included in the computation of a company's structural effective tax rate?

Question

Quizplus · Accepted Answer

Tax effects from goodwill impairment are typically included in a company's income tax expense, but they are not included in the computation of a company's structural effective tax rate. The other items listed (tax effects of international operations, tax effects from the domestic production activities deduction, and tax effects of state and local operations) are all potential components of a company's structural effective tax rate.

Which of the Following Items Would Likely Not Be Included