Income Taxes

3 Months Ended

Mar. 31, 2017

Income Taxes

Income Taxes

6. Income Taxes

Effective Income Tax Rate

Our provision for income taxes may not have the customary relationship of taxes to income. A reconciliation between the U.S. corporate income tax rate and the effective income tax rate was as follows:

	For the three months ended March 31,
	2017	2016
U.S. corporate income tax rate	35 %	35 %
Dividends received deduction	(10)	(9)
Impact of equity method presentation	(4)	(2)
Tax credits	(3)	(2)
Merger of Brazilian legal entities	—	(3)
Other	(3)	(3)
Effective income tax rate	15 %	16 %