Tax provision experts, what's the difference between AETR and quarter ETR? Can AETR change each quarter?

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AETR would change each quarter if your forecasted income changed from one quarter to the next for example

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ETR is just your tax rate. AETR is the rate you are forecasting for the year. AETR does not include discrete items. Each quarter you would calculate an aETR and apply that to YTD pretax income. You would then adjust the tax expense for discrete items. Your ETR would be your total tax expense over pretax income

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