Blended Rate

Blended Rate means:
the time- and rate-weighted effective tax rate applied to a taxpayer who uses a fiscal tax year when the rate of tax changes. For example, the top corporate rate became 35% on January 1, 1993- A corporation with a fiscal tax year that straddles January 1, 1993, would compute its tax based partly on the old rates and partly on the new, to result in a blended rate.

See Tax Rate and Tax Rate.