Monday, February 12, 2018

Oakville, Ontario Canada-Based Restaurant Brands Intl (Tim Hortons, Burger King and Popeyes) Generated 4Q 2017 Pretax Income of $326 Mil, Down By 13% or Down By $48 Mil From the 4Q 2016 Net Income of $374 Mil ....................................................................................... On the Other Hand, Restaurant Brands Generated After-Tax Net Income of $578 Mil in the 4Q 2017, Up 92% or Up By $277 Mil From Its 4Q 2016 Net Income of $301 Mil ....................................................................................... So, What's Going On Here? Well, It's All About the US Trump Tax Cuts Act ....................................................................................... Restaurant Brands Recorded an Income Tax Benefit in the 4Q 2017 of $301 Mil Resulting From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the US Trump Tax Cuts Act, Which Also Funded the Income Taxes Imposed on Restaurant Brands By the US Trump Tax Cuts Act To Boot