Jaime, the CFO of BuildCo, Inc., has used ASC 740-30 (APB 23) to avoid reporting any U.S. deferred tax expense on $100 million of the earnings of BuildCo’s foreign subsidiaries. All of these subsidiaries operate in countries with higher tax rates than the ones that apply under U.S. law. Jaime wants to bring home $30 million in profits from these foreign subsidiaries in the form of dividends. How will this profit repatriation affect BuildCo’s book effective tax rate?