# Effective tax rate

> Effective tax rate — Total income tax expense divided by pre-tax income, reconciled to the statutory rate in the notes — by category and jurisdiction under ASU 2023-09.

Source: https://lopifi.com/glossary/effective-tax-rate
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is effective tax rate?** In accounting, effective tax rate means total income tax expense divided by pre-tax income, reconciled to the statutory rate in the notes — by category and jurisdiction under ASU 2023-09.

## Also known as

- ETR

## Words this system refuses for it

- statutory rate
- marginal rate

- **Category:** Tax
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** income-tax-expense, reconciled, expense