INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) for the years ended December 31, 2019, 2018 and 2017 consist of the following components:


	Altice USA										CSC Holdings
	Years Ended December 31,										Years Ended December 31,
	2019		2018		2017		2019		2018		2017
Current expense (benefit):
Federal	$	—	$	(1,865)	$	5,261	$	240,229	$	186,035	$	151,120
State	33,103		32,347		12,530		70,567		124,106		47,900
	33,103		30,482		17,791		310,796		310,141		199,020
Deferred expense (benefit):
Federal	43,105		26,141		(2,095,930)		(176,591)		(102,872)		(2,154,344)
State	(28,174)		(93,744)		(784,224)		(62,118)		(148,721)		(872,438)
	14,931		(67,603)		(2,880,154)		(238,709)		(251,593)		(3,026,782)
Tax expense (benefit) relating to uncertain tax positions	(844)		(1,534)		11		(844)		(985)		11
Income tax expense (benefit)	$	47,190	$	(38,655)	$	(2,862,352)	$	71,243	$	57,563	$	(2,827,751)

Schedule of Effective Income Tax Rate Reconciliation

The income tax expense (benefit) attributable to Altice USA's operations differs from the amount derived by applying the statutory federal rate to pretax loss principally due to the effect of the following items:


	Altice USA										CSC Holdings
	Years Ended December 31,										Years Ended December 31,
	2019		2018		2017		2019		2018		2017
Federal tax expense (benefit) at statutory rate	$	39,297	$	(3,793)	$	(478,656)	$	59,653	$	66,757	$	(83,507)
State income taxes, net of federal impact	(6,256)		(8,103)		(61,698)		(9,060)		33,249		(23,720)
Changes in the valuation allowance	4,079		15,987		(111)		4,307		—		—
Impact of Federal Tax Reform	—		—		(2,332,677)		—		—		(2,731,324)
Changes in the state rates used to measure deferred taxes, net of federal impact	(1,046)		(52,915)		(12,896)		6,532		(53,493)		(12,999)
Tax benefit relating to uncertain tax positions	(847)		(514)		(253)		(847)		(514)		(253)
Non-deductible share-based compensation related to the carried unit plan	15,642		8,677		20,101		15,642		8,677		20,101
Other non-deductible expenses	1,334		2,200		3,405		1,334		2,011		3,383
Other, net	(5,013)		(194)		433		(6,318)		876		568
Income tax expense (benefit)	$	47,190	$	(38,655)	$	(2,862,352)	$	71,243	$	57,563	$	(2,827,751)

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences which give rise to significant portions of deferred tax assets or liabilities and the corresponding valuation allowance are as follows:


	Altice USA						CSC Holdings
	December 31,						December 31,
	2019		2018		2019		2018
Noncurrent
NOLs and tax credit carry forwards	$	309,924	$	571,413	$	74,300	$	16,465
Compensation and benefit plans	25,227		42,484		25,227		45,138
Partnership investments	49,956		60,413		49,956		60,413
Restructuring liability	11,280		9,364		11,280		9,364
Other liabilities	42,339		38,473		42,339		36,833
Liabilities under derivative contracts	43,175		20,846		43,175		20,847
Interest deferred for tax purposes	333,856		166,668		333,856		34,843
Operating lease Liability	82,393		—		82,393		—
Other	12,428		11,531		12,428		9,867
Deferred tax asset	910,578		921,192		674,954		233,770
Valuation allowance	(29,479)		(25,400)		(11,859)		(8,225)
Net deferred tax asset, noncurrent	881,099		895,792		663,095		225,545
Fixed assets and intangibles	(5,384,320)		(5,496,103)		(5,384,320)		(5,473,397)
Operating lease Asset	(75,019)		—		(75,019)		—
Investments	(116,702)		(71,167)		(116,702)		(71,168)
Prepaid expenses	(10,978)		(7,543)		(10,978)		(7,543)
Fair value adjustments related to debt and deferred financing costs	(56,675)		(40,083)		(56,675)		(18,111)
Other	—		(4,833)		—		(5,273)
Deferred tax liability, noncurrent	(5,643,694)		(5,619,729)		(5,643,694)		(5,575,492)
Total net deferred tax liability	$	(4,762,595)	$	(4,723,937)	$	(4,980,599)	$	(5,349,947)