Total | Total | |||||||||||||||||
5 Years | 5 Years | 5 Years | ||||||||||||||||
2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | 2013 | 2012 | 2012 | 2012-16 | 2012-16 | 2012-16 | ||||||
US | US | US | US | US | US | US | US | US | US | US | US | Effective | ||||||
Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | US Tax | ||||||
Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Rate Paid | ||||||
mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | |||||||
Ford Motor | (2) | 3,852 | 75 | 5,374 | (122) | 5,266 | (19) | 6,537 | 4 | 6,557 | (64) | 27,586 | -0.2% | |||||
General Motors | (126) | 8,943 | 5 | 5,594 | (23) | 1,683 | (34) | 4,880 | 6 | (19,063) | (172) | 2,037 | -8.4% | |||||
Total | (128) | 12,795 | 80 | 10,968 | (145) | 6,949 | (53) | 11,417 | 10 | (12,506) | (236) | 29,623 | -0.8% |
Saturday, November 18, 2017
Big 2 US Auto Manufacturers (Ford and General Motors) Total US Federal Income Tax Refunds Received In Most Recent Five Years Were $236 Mil Related to US Pretax Income of $29.623 Bil, For a Negative Federal Income Tax Rate Paid of (0.8%), 35.8% Below the US Federal Statutory Tax Rate of 35.0%
Based on a review of their audited annual income tax footnotes filed
with the SEC, below are the US Federal Tax Paid (Refund Received) along with the US Pretax
Income (Loss) of both of the Big 2 US Auto Companies: