Income Taxes	3 Months Ended
Mar. 31, 2016
Income Taxes
Income Taxes	6. Income Taxes The effective income tax rate for the three months ended March 31, 2016, was lower than the U.S. corporate income tax rate of 35% (“U.S. statutory rate”) primarily due to income tax deductions allowed for corporate dividends received, a tax benefit related to the merger of two of our Brazilian legal entities, the presentation of taxes on our share of earnings generated from equity method investments reflected in net investment income and tax credits. The effective income tax rate for the three months ended March 31, 2015, was lower than the U.S. statutory rate primarily due to a change in deferred tax balances related to the merger of two of our Chilean legal entities and income tax deductions allowed for corporate dividends received, partially offset by the negative impact of a court ruling on some uncertain tax positions.

Income Taxes

3 Months Ended

Mar. 31, 2016

6. Income Taxes

The effective income tax rate for the three months ended March 31, 2016, was lower than the U.S. corporate income tax rate of 35% (“U.S. statutory rate”) primarily due to income tax deductions allowed for corporate dividends received, a tax benefit related to the merger of two of our Brazilian legal entities, the presentation of taxes on our share of earnings generated from equity method investments reflected in net investment income and tax credits.

The effective income tax rate for the three months ended March 31, 2015, was lower than the U.S. statutory rate primarily due to a change in deferred tax balances related to the merger of two of our Chilean legal entities and income tax deductions allowed for corporate dividends received, partially offset by the negative impact of a court ruling on some uncertain tax positions.