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Income Taxes
6 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes

The effective tax rate for the three months ended December 31, 2019 and 2018 was 22.0% and 24.7%, respectively. The decrease in the effective tax rate is primarily due to the release of a valuation allowance related to foreign tax credit carryforwards and a reduction in the operating tax rate due to the mix between domestic and foreign earnings.
The effective tax rate for the six months ended December 31, 2019 and 2018 was 21.6% and 23.4%, respectively. The decrease in the effective tax rate is primarily due to the release of a valuation allowance related to foreign tax credit carryforwards, a reduction in the operating tax rate due to the mix between domestic and foreign earnings and an increase in tax incentives related to our software development activities.