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Re:Alphabet Announces Fourth Quarter and Fiscal Year 2016 Re... by magicalist on Thursday January 26, 2017 @06:46PM (#13496497)
Someone else will have to explain what on earth it means, but last year's press release said

> For Q4 2015, our effective tax rate reflects impact of certain one-time items in the U.S., specifically the resolution of a multi-year audit with an ETR impact of 9%, as well as the full year impact of the R&D tax credit with an ETR impact of 8%.

https://abc.xyz/investor/news/earnings/2015/Q4_google_earnin...

Re:Alphabet Announces Fourth Quarter and Fiscal Year 2016 Re... by khuey on Thursday January 26, 2017 @11:47PM (#13497780)
ETR = effective tax rate.