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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Difference Between AB Holding's Effective Tax Rates and the UBT Statutory Tax Rate

The principal reasons for the difference between AB Holding’s effective tax rates and the UBT statutory tax rate of 4.0% are as follows:

			Years Ended December 31
			2024												2023												2022
			(in thousands)
UBT statutory rate						$	18,478					4.0		%				$	11,991					4.0		%				$	12,220					4.0		%
Federal tax on partnership gross business income						37,622						8.1						34,765						11.6						30,676						10.0
State income taxes						953						0.3						832						0.3						663						0.2
Credit for UBT paid by AB						(18,478)						(4.0)						(11,991)						(4.0)						(12,220)						(4.0)
Income tax expense and effective tax rate						$	38,575					8.4		%				$	35,597					11.9		%				$	31,339					10.3		%

Computation of Effective Income Tax Rate and Changes in Components of Income Tax

AB Holding Units in AB’s consolidated rabbi trust are not considered outstanding for purposes of calculating AB Holding’s ownership interest in AB.

			Years Ended December 31																					% Change
			2024						2023						2022									2024-23			2023-22
			(in thousands)
Net income attributable to AB Unitholders						$	1,173,247					$	764,610					$	831,813					53.4		%	(8.1		%)
Multiplied by: weighted average equity ownership interest						39.4		%				39.2		%				36.7		%
Equity in net income attributable to AB Unitholders						$	461,949					$	299,781					$	305,504					54.1		%	(1.9		%)
AB qualifying revenues						$	2,964,983					$	2,790,628					$	2,775,693					6.2			(0.5)
Multiplied by: weighted average equity ownership interest for calculating tax						36.3		%				35.6		%				31.6		%
Multiplied by: federal tax						3.5		%				3.5		%				3.5		%
Federal income taxes						37,622						34,765						30,676
State income taxes						953						832						663
Total income taxes						$	38,575					$	35,597					$	31,339					8.4		%	13.6		%

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- References

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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