Income Taxes

12 Months Ended

Dec. 31, 2019

The (provision) benefit for income taxes for the years ended December 31, 2019, 2018, and 2017 consisted of the following (in millions):



	CEQP									CMLP
	Year Ended December 31,									Year Ended December 31,
	2019			2018			2017			2019			2018			2017⁽¹⁾
Current:
Federal	$	(0.1	)	$	(0.5	)	$	(1.1	)	$	0.1		$	0.1		$	—
State	(0.2		)	(0.3		)	(0.2		)	(0.2		)	(0.2		)	—
Total current	(0.3		)	(0.8		)	(1.3		)	(0.1		)	(0.1		)	—
Deferred:
Federal	0.1			0.5			2.1			—			—			—
State	(0.1		)	0.2			—			(0.2		)	0.1			—
Total deferred	—			0.7			2.1			(0.2		)	0.1			—
(Provision) benefit for income taxes	$	(0.3	)	$	(0.1	)	$	0.8		$	(0.3	)	$	—		$	—


(1)	For the year ended December 31, 2017, our benefit for income taxes was not material to CMLP’s consolidated statement of operations.

The effective rate differs from the statutory rate for the years ended December 31, 2019, 2018 and 2017, primarily due to the partnerships not being treated as a corporation for federal income tax purposes as discussed in Note 2.

Deferred income taxes related to CEQP’s wholly owned subsidiaries, IPCH Acquisition Corp. and Crestwood Gas Services GP LLC, and our Texas Margin tax which reflects the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

Components of our deferred income taxes at December 31, 2019 and 2018 are as follows (in millions).



	CEQP						CMLP
	December 31,						December 31,
	2019			2018			2019			2018
Total deferred tax asset⁽¹⁾	$	0.2		$	0.2		$	—		$	—
Total deferred tax liability⁽¹⁾	(2.8		)	(2.8		)	(0.7		)	(0.6		)
Net deferred tax liability	$	(2.6	)	$	(2.6	)	$	(0.7	)	$	(0.6	)


(1)	Relates to the basis difference in the stock of a company.

Uncertain Tax Positions. We evaluate the uncertainty in tax positions taken or expected to be taken in the course of preparing our consolidated financial statements to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Such tax positions, if any, would be recorded as a tax benefit or expense in the current year. We believe that there were no uncertain tax positions that would impact our results of operations for the years ended December 31, 2019, 2018 and 2017 and that no provision for income tax was required for these consolidated financial statements. However, our conclusions regarding the evaluation of uncertain tax positions are subject to review and may change based on factors including, but not limited to, ongoing analyses of tax laws, regulations and interpretations thereof.