Avis 2012 Annual Report Download - page 75

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F-19
9. Income Taxes
The provision for (benefit from) income taxes consists of the following:
Year Ended December 31,
2012
2011
2010
Current
Federal
$
(109)
$
-
$
-
State
(16)
(3)
2
Foreign
7
36
36
Current income tax provision
(118)
33
38
Deferred
Federal
93
36
(7)
State
20
10
8
Foreign
15
(14)
(21)
Deferred income tax benefit
128
32
(20)
Provision for income taxes
$
10
$
65
$
18
Pretax income (loss) for domestic and foreign operations consists of the following:
Year Ended December 31,
2012
2011
2010
United States
$
233
$
74
$
(17)
Foreign (a)
67
(38)
89
Pretax income
$
300
$
36
$
72
__________
(a) 2011 includes $128 million of transaction-related costs.