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The effective tax rate for the year ended December 31, 2009 was 77.4 percent. The company's tax provision for 2009 included, among other items, charges in respect of the company's FIN 48 liability, and valuation allowances against net operating loss carry-forwards in certain international subsidiaries. The company expects that its effective tax rate in future periods will be between 30 percent to 40 percent, which is closer to the statutory corporate tax rates.
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