Thursday, January 25, 2018

London HQed Fiat Chrysler Automobiles (FCA) Received a EUR 88 Mil Boost in Its 4Q 2017 Profits From the US Trump Tax Bill ...................................................................................... I Thought This Comment Made in FCA’s 4Q 2017 Earnings Release Speaks Volumes of the Present Out of Control Nature of the US Trump Tax Bill ….. “Estimated impact from December 2017 U.S. tax reform of €88 million. This estimate may change, potentially materially, as a result of regulations or regulatory guidance that may be issued, changes in interpretations affecting assumptions underlying the estimate, refinement of our calculations, and actions that may be taken, including actions in response to the tax reform act”