Anyone Find Reading 31 Not Very Well-Written? Internet, alternate, interested, effective

BC_MBA_student

Hi everyone,
I was wondering if anyone else is finding reading 31 in the CFA Curriculum (Income Taxes) to be not very well-written?  I have found that I’ve had to refer to other sources of information for this reading – for example the authors don’t explain what statutory taxes are vs. effective taxes, and I had to look that up in an alternate source on the Internet.  I didn’t find myself doing that in previous readings.  Would be interested in hearing your thoughts.
Thanks!

Makavelim3

Great to know that I’m not the only one having the same issues with this reading. Been stuck here for the past 2 days!

Colum

Thanks a bunch for your feedback, Wojtek and Cinderella.  I’m glad to know that it’s not just me that found this reading to be harder / less clear than others in the FRA book.  I actually found the other readings to be quite understandable and even enjoyable.
Have a great day.

thommo77

To correct myself, effective tax rate is actually defined a bit lower in the text.