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Income Taxes
9 Months Ended
Apr. 30, 2023
Income Tax Disclosure [Abstract]  
Income Taxes

Note 18—Income Taxes

 

At April 30, 2023, the Company’s best estimate of the effective tax rate expected to be applicable for fiscal 2023 was 28.7% compared to 16.9% at July 31, 2022. The changes in the estimated effective tax rate were mainly due to stock-based compensation and differences in the amount of taxable income earned in the various taxing jurisdictions.