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:















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%