MO · 10-Q · 2026Q3 · Full report
Income Tax Rate Changes
ALTRIA GROUP, INC. · 2026-10-29 · Importance 25 · Surprise 22 · Matches filing data
For the three months ended September 30, 2026, the provision for income taxes increased $76 million, or 10.9%, compared with the prior-year quarter. The increase primarily reflected a prior-year net income tax benefit from tax reserves associated with Altria’s ABI investment and higher earnings before income taxes. Despite the higher tax provision, reported third-quarter net earnings increased 6.0% to $2,518 million, with unfavorable income tax items partly offsetting higher operating income and investment results.
Key facts
- Altria’s provision for income taxes increased $76 million, or 10.9%, for the three months ended September 30, 2026, primarily due to a prior-year net tax benefit from ABI investment-related tax reserves and higher pretax earnings. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -1.2% | Altria’s provision for income taxes increased $76 million, or 10.9%, for the three months ended September 30, 2026, primarily due to a… |