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Income Taxes
6 Months Ended
Jun. 30, 2017
Income Taxes  
Income Taxes

9.    Income Taxes

 

The Company has estimated that its effective income tax rate for 2017 will be approximately 20.3%.  The primary reasons for the effective rate being below the federal statutory rate is due to statutory depletion, which is allowed for income tax purposes and is a permanent difference between net income for financial reporting purposes and taxable income, and income tax credits associated with the ongoing construction of the St. Clair kiln project.