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Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Taxes	14. Income Taxes Blackstone’s effective tax rate was 5.6% and 8.2% for the three months ended June 30, 2019 and 2018, respectively, and 4.4% and 7.5% for the six months ended June 30, 2019 and 2018, respectively. Blackstone’s income tax provision was $38.7 million and $138.7 million for the three months ended June 30, 2019 and 2018, respectively, and $79.9 million and $193.2 million for the six months ended June 30, 2019 and 2018, respectively. Prior to the Conversion, Blackstone and certain of its subsidiaries operate in the U.S. as partnerships for income tax purposes (partnerships generally are not subject to federal income taxes) and generally as corporate entities in non-U.S. jurisdictions. Blackstone’s effective tax rate for the three and six months ended June 30, 2019 and 2018 was substantially due to the fact that certain corporate subsidiaries are subject to federal, state, local and foreign income taxes (as applicable) and other subsidiaries are subject to New York City unincorporated business taxes.

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- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

+ Details

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