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INCOME TAXES
9 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted by the United States in March 2020. The CARES Act includes provisions to support individuals and businesses in the form of loans, grants, and tax changes, among other types of relief. The CARES Act did not have a material impact on our Provision for income taxes for the three and nine months ended June 30, 2020. We have not taken any loans or grants pursuant to the CARES Act or other United States Pandemic-related legislation.
The Company’s effective income tax rate was 27.0% and 22.5% for the three and nine months ended June 30, 2020, respectively, compared to an effective income tax rate of 52.1% and 36.9% for the three and nine months ended June 30, 2019, respectively. The decrease in our effective tax rate for the nine months ended June 30, 2020 compared to the prior year is primarily attributable to the absence of discrete charge recorded in Q3 of FY19 related to the final regulations issued under the 2017 Tax Act, higher tax benefit related to share based compensation, and the absence of non-deductible costs related to the Acquisition.