Income Taxes	6 Months Ended
Jun. 30, 2017
Income Taxes
Income Taxes	10. Income Taxes The effective tax rate for the three months ended June 30, 2017 was 35.2% compared to 34.0% for the same period in 2016. The tax rate for the three months ended June 30, 2017 was higher than the U.S. federal statutory rate of 35% primarily due to non-deductible permanent items for tax purposes. The tax rate for the three months ended June 30, 2016 was lower than the U.S. federal statutory rate of 35% primarily due to the mix of earnings in taxing jurisdictions where the tax rate is lower than the U.S. rate and non-taxable permanent differences. The effective tax rate for the six months ended June 30, 2017 was 52.4% compared to 34.3% for the six months ended June 30, 2016. The tax rate for the six months ended June 30, 2017 was higher than the U.S. federal statutory rate of 35% primarily due to the U.S. income tax impacts of the incorporation of its former U.S. Belgium branch to a Belgium controlled foreign corporation effective March 31, 2017. The incorporation of the Company’s U.S. Belgium branch was part of an overall single integrated plan of reorganization that included the Company’s acquisition of the New Business. The impact of the U.S. Belgium branch incorporation was a discrete event for the first quarter of 2017 and increased the effective tax rate for the six months ended June 30, 2017 by approximately 15.9%. The effective tax rate for the six months ended June 30, 2016 was lower than the U.S. federal statutory rate of 35% primarily due to the mix of earnings in taxing jurisdictions where the tax rate is lower than the U.S. rate and non-taxable permanent differences.

Income Taxes

6 Months Ended

Jun. 30, 2017

10. Income Taxes

The effective tax rate for the three months ended June 30, 2017 was 35.2% compared to 34.0% for the same period in 2016. The tax rate for the three months ended June 30, 2017 was higher than the U.S. federal statutory rate of 35% primarily due to non-deductible permanent items for tax purposes. The tax rate for the three months ended June 30, 2016 was lower than the U.S. federal statutory rate of 35% primarily due to the mix of earnings in taxing jurisdictions where the tax rate is lower than the U.S. rate and non-taxable permanent differences.

The effective tax rate for the six months ended June 30, 2017 was 52.4% compared to 34.3% for the six months ended June 30, 2016. The tax rate for the six months ended June 30, 2017 was higher than the U.S. federal statutory rate of 35% primarily due to the U.S. income tax impacts of the incorporation of its former U.S. Belgium branch to a Belgium controlled foreign corporation effective March 31, 2017. The incorporation of the Company’s U.S. Belgium branch was part of an overall single integrated plan of reorganization that included the Company’s acquisition of the New Business. The impact of the U.S. Belgium branch incorporation was a discrete event for the first quarter of 2017 and increased the effective tax rate for the six months ended June 30, 2017 by approximately 15.9%. The effective tax rate for the six months ended June 30, 2016 was lower than the U.S. federal statutory rate of 35% primarily due to the mix of earnings in taxing jurisdictions where the tax rate is lower than the U.S. rate and non-taxable permanent differences.