The effective tax rate was 23.9 percent and 34.4 percent for the second quarter of 2012 and 2011, respectively. The second quarter of 2012 included the cumulative adjustment of reductions in the enacted tax rates in certain foreign countries, which had a significant favorable impact on the effective tax rate due to the scale of income before income taxes in the quarter as a result of the sizeable charge for the loss on early extinguishment of debt.Metal Containers
Silgan Announces Second Quarter Earnings And Confirms Full Year 2012 Estimate
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