latin america acquisition of grupo financiero uno in 2007 , citigroup completed its acquisition of grupo financiero uno ( gfu ) , the largest credit card issuer in central america , and its affiliates , with $ 2.2 billion in assets .the results for gfu are included in citigroup 2019s global cards and latin america consumer banking businesses from march 5 , 2007 forward .acquisition of grupo cuscatl e1n in 2007 , citigroup completed the acquisition of the subsidiaries of grupo cuscatl e1n for $ 1.51 billion ( $ 755 million in cash and 14.2 million shares of citigroup common stock ) from corporacion ubc internacional s.a .grupo .the results of grupo cuscatl e1n are included from may 11 , 2007 forward and are recorded in latin america consumer banking .acquisition of bank of overseas chinese in 2007 , citigroup completed its acquisition of bank of overseas chinese ( booc ) in taiwan for approximately $ 427 million .results for booc are included in citigroup 2019s asia consumer banking , global cards and securities and banking businesses from december 1 , 2007 forward .acquisition of quilter in 2007 , the company completed the acquisition of quilter , a u.k .wealth advisory firm , from morgan stanley .quilter 2019s results are included in citigroup 2019s smith barney business from march 1 , 2007 forward .quilter is being disposed of as part of the sale of smith barney to morgan stanley described in subsequent events .acquisition of egg in 2007 , citigroup completed its acquisition of egg banking plc ( egg ) , a u.k .online financial services provider , from prudential plc for approximately $ 1.39 billion .results for egg are included in citigroup 2019s global cards and emea consumer banking businesses from may 1 , 2007 forward .purchase of 20% ( 20 % ) equity interest in akbank in 2007 , citigroup completed its purchase of a 20% ( 20 % ) equity interest in akbank , the second-largest privately owned bank by assets in turkey for approximately $ 3.1 billion .this investment is accounted for using the equity method of accounting .sabanci holding , a 34% ( 34 % ) owner of akbank shares , and its subsidiaries have granted citigroup a right of first refusal or first offer over the sale of any of their akbank shares in the future .subject to certain exceptions , including purchases from sabanci holding and its subsidiaries , citigroup has otherwise agreed not to increase its percentage ownership in akbank .other items sale of mastercard shares in 2007 , the company recorded a $ 367 million after-tax gain ( $ 581 million pretax ) on the sale of approximately 4.9 million mastercard class b shares that had been received by citigroup as a part of the mastercard initial public offering completed in june 2006 .the gain was recorded in the following businesses : in millions of dollars pretax after-tax pretax after-tax .
[['in millions of dollars', '2007 pretax total', '2007 after-tax total', '2006 pretax total', '2006 after-tax total'], ['global cards', '$ 466', '$ 296', '$ 94', '$ 59'], ['consumer banking', '96', '59', '27', '18'], ['icg', '19', '12', '2', '1'], ['total', '$ 581', '$ 367', '$ 123', '$ 78']]
redecard ipo in 2007 , citigroup ( a 31.9% ( 31.9 % ) shareholder in redecard s.a. , the only merchant acquiring company for mastercard in brazil ) sold approximately 48.8 million redecard shares in connection with redecard 2019s initial public offering in brazil .following the sale of these shares , citigroup retained approximately 23.9% ( 23.9 % ) ownership in redecard .an after-tax gain of approximately $ 469 million ( $ 729 million pretax ) was recorded in citigroup 2019s 2007 financial results in the global cards business .visa restructuring and litigation matters in 2007 , visa usa , visa international and visa canada were merged into visa inc .( visa ) .as a result of that reorganization , citigroup recorded a $ 534 million ( pretax ) gain on its holdings of visa international shares primarily recognized in the consumer banking business .the shares were then carried on citigroup 2019s balance sheet at the new cost basis .in addition , citigroup recorded a $ 306 million ( pretax ) charge related to certain of visa usa 2019s litigation matters primarily recognized in the north america consumer banking business. .

Question: what was the tax rate applied to the company recorded sales of the mastercard shares in 2007 , the company recorded a $ 367 million after-tax gain ( $ 581 million pretax )
Answer: 36.83%