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Income Tax
9 Months Ended
Sep. 30, 2021
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block] Income Tax
For the three and nine months ended September 30, 2021, the effective tax rate on pre-tax income was 34.3% and 27.3%, respectively. The Company’s effective tax rate for the three and nine months ended September 30, 2021 differed from the U.S. statutory rate of 21% primarily due to corporate rate changes, income earned in jurisdictions with tax rates higher than the U.S., losses in jurisdictions for which the company received no benefit, and adjustments from tax returns filed.
For the three and nine months ended September 30, 2020, the effective tax rate on pre-tax income was 25.5% and 26.3%, respectively. The Company’s effective tax rate for both tax periods differed from the U.S. statutory income tax rate of 21% primarily as a result of corporate rate changes, primarily in the United Kingdom, income earned in jurisdictions with tax rates higher than the U.S. Statutory rate and amounts related to uncertain tax positions, partially offset by differences in tax bases of foreign jurisdictions and adjustments from tax returns filed.