Dish Network 2010 Annual Report Download - page 118

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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-33
The components of the (provision for) benefit from income taxes are as follows:
2010 2009 2008
Current
(p
rovision
)
benefit:
Federal............................................................................. $ (287,523) $ (335,958) $ (243,451)
State................................................................................. (68,550) (36,762) (30,090)
Foreign............................................................................. - (79) -
(356,073) (372,799) (273,541)
Deferred
(p
rovision
)
benefit:
Federal............................................................................. (227,024) 15,771 (278,336)
State................................................................................. 16,341 (373) (34,401)
Decrease (increase) in valuation allowance..................... 9,283 (20,028) (79,581)
(201,400) (4,630) (392,318)
Total benefit (provision).................................................. (557,473)$ (377,429)$ (665,859)$
For the Years Ended December 31,
(In thousands)
The actual tax provisions for 2010, 2009 and 2008 reconcile to the amounts computed by applying the
statutory Federal tax rate to income before taxes as follows:
2010 2009 2008
Statutory rate............................................................................... (35.0) (35.0) (35.0)
State income taxes, net of Federal benefit................................... (2.5) (2.8) (2.6)
Foreign taxes and income not U.S. taxable................................. - - -
Stock option compensation......................................................... 0.3 (0.2) -
Other............................................................................................ 0.6 2.7 0.3
Decrease (increase) in valuation allowance................................. 0.5 (2.0) (5.1)
Total benefit (provision) for income taxes.................................. (36.1) (37.3) (42.4)
For the Years Ended December 31,
% of pre-tax (income)/loss