XML 113 R74.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes - Schedule of Reconciliation of U.S. Statutory Income Tax Rate to Company's Effective Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Taxes        
U.S. statutory tax rate 21.00% 21.00% 21.00% 35.00%
State and local taxes, net of federal benefit 3.10% 3.10% 3.10%  
Income attributable to non-controlling interests (9.90%) (10.00%) (10.00%)  
Subtotal 14.20% 14.10% 14.10%  
Non-creditable foreign taxes - non-controlling interest 5.10% 2.80% 2.70%  
Non-creditable foreign taxes - RE/MAX Holdings 2.10% 1.10% 1.20%  
Foreign derived intangible income deduction (3.10%) (1.50%) (1.30%)  
Other permanent differences 2.00% 0.70% 0.40%  
Uncertain Tax Positions 1.90% 1.00% 0.80%  
Impact of TRA adjustment on NCI     0.70%  
Effect of permanent difference - TRA adjustment     (2.20%)  
Valuation allowance recognized on basis step-ups     9.50%  
Conversions of acquired C-Corporations to pass-through entities 8.40%      
Other 0.70% 0.70% (1.20%)  
Effective tax rate 31.30% 18.90% 24.70%  
Percentage of Non Controlling Interest Income not Subject to Income Taxes 40.00%      
Percentage of Foreign Taxes Paid Attributable to Non Controlling Interest 40.00%      
Valuation allowance against related deferred tax assets $ 6,834 $ 7,184 $ 6,300  
Value of TRA liability     $ 6,100