Bristow Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES

INCOME TAXES

9 Months Ended

Sep. 30, 2013

The following table shows the effective income tax rate on continuing operations:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Statutory rate	35.0	%	35.0	%	35.0	%	35.0	%
Non-deductible expenses ⁽¹⁾	0.7	%	0.4	%	0.2	%	(0.4	)%
Noncontrolling interest	0.6	%	—	%	0.5	%	—	%
State taxes	1.0	%	0.5	%	1.2	%	0.5	%
Effective Tax Rate	37.3	%	35.9	%	36.9	%	35.1	%

____________________

(1) Non-deductible expenses are related primarily to share-based payments.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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+ Details