"Our third quarter 2020 effective tax rate was 4%, which reflects a one-time income tax benefit of $913 million related to the effects of a tax election to capitalize and amortize certain research and development expenses for U.S. income tax purposes.Excluding this tax benefit, our effective tax rate would have been 11 percentage points higher and our diluted EPS would havebeen $0.31 lower."
"Our third quarter 2020 effective tax rate was 4%, which reflects a one-time income tax benefit of $913 million related to the effects of a tax election to capitalize and amortize certain research and development expenses for U.S. income tax purposes.Excluding this tax benefit, our effective tax rate would have been 11 percentage points higher and our diluted EPS would havebeen $0.31 lower."