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!

thommo77

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

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.

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!