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Daimler notes significant increase of net income resulting from U.S. tax reform
On December 22, Daimler noted that it will benefit from the new “Tax Cuts and Jobs Act” signed by U.S. President Donald Trump that includes the reduction of federal corporate income tax rate from 35% to 21% in 2018.
At the U.S. subsidiaries of Daimler, the deferred tax liabilities exceed the deferred tax assets.
The....
At the U.S. subsidiaries of Daimler, the deferred tax liabilities exceed the deferred tax assets.
The....
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