For interim financial reporting, a company's income tax provision for the second quarter of a given year should be determined using the:
Statutory tax rate for the year.
Effective tax rate expected to be applicable for the second quarter of the year.
Effective tax rate expected to be applicable for the full year, as estimated at the end of the first quarter of the year.
Effective tax rate expected to be applicable for the full year, as estimated at the end of the second quarter of the year.