AIG · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

AMERICAN INTERNATIONAL GROUP, INC. · 2026-08-07 · Importance 18 · Surprise 14

AIG’s effective tax rate was 25.0% for the three months ended June 30, 2026, compared with 25.9% in the prior-year quarter. The six-month effective tax rate was 24.0% in 2026, down from 26.4% in 2025. The 2026 rates reflected foreign operations taxed above the statutory rate, nondeductible expenses, and state and local taxes, partly offset by excess tax benefits from share-based compensation. AIG recorded a net decrease in deferred tax asset valuation allowances for certain foreign jurisdictions and established a New York State valuation allowance after completing New York audit activity.

Key facts

• For the three months ended June 30, 2026, the effective tax rate on income was 25.0 percent. source
• For the six months ended June 30, 2026, the effective tax rate on income was 24.0 percent. source
• For the three months ended June 30, 2025, the effective tax rate on income was 25.9 percent. source
• For the six months ended June 30, 2025, the effective tax rate on income was 26.4 percent. source