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INCOME TAXES
 9 Months Ended
Sep. 30, 2013
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
PBF Energy
For periods following PBF Energy’s IPO, PBF Energy is required to file federal and applicable state corporate income tax returns and recognizes income taxes on its pre-tax income, which to-date has consisted solely of its share (approximately 24.4% prior to the Secondary Offering and approximately 40.9% subsequent to the Secondary Offering) of PBF LLC’s pre-tax income. PBF LLC is organized as a limited liability company which is treated as a "flow-through" entity for income tax purposes and therefore is not subject to income taxes. As a result, the PBF Energy condensed consolidated financial statements do not reflect a benefit or provision for income taxes for PBF LLC for periods prior to the IPO or any benefit or provision for income taxes on the pre-tax income or loss attributable to the noncontrolling interest in PBF LLC.

The income tax provision in the PBF Energy condensed consolidated financial statements of operations consists of the following:
 
 
 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2013
Current tax benefit
 
$
(1,744
)
 
$
—

Deferred tax benefit
 
(17,567
)
 
(898
)
Total tax benefit
 
$
(19,311
)
 
$
(898
)

The difference between the Company’s income tax benefit and the income tax provision computed by applying the United States statutory rate and the difference between the Company’s effective income tax rate and the United States statutory rate are reconciled below:
 
 
 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2013
Provision at Federal statutory rate
 
$
(13,693
)
 
35.0
 %
 
$
2,620

 
35.0
 %
Increase (decrease) attributable to flow-through of certain tax adjustments:
 
 
 
 

 
 
 
 
State income taxes (net federal income tax)
 
(1,917
)
 
4.9
 %
 
367

 
4.9
 %
Non deductible/nontaxable items
 
2,377

 
(6.1
)%
 
2,438

 
32.6
 %
Adjustment to deferred tax assets and liabilities for change in tax rates due to business mix
 
(4,983
)
 
12.7
 %
 
(4,983
)
 
(66.6
)%
Other
 
(1,095
)
 
2.8
 %
 
(1,340
)
 
(17.9
)%
Total
 
$
(19,311
)
 
49.3
 %
 
$
(898
)
 
(12.0
)%


PBF Energy has determined there are no material uncertain tax positions as of September 30, 2013.

PBF Holding
PBF Holding is a limited liability company treated as a "flow-through" entity for income tax purposes. Accordingly there is no benefit or provision for federal or state income tax in the accompanying PBF Holding financial statements.