Thursday, February 15, 2018

Plano,TX-Based Toyota Motor Credit Corp, in Its Just Filed 10-Q With the US SEC, Generated Dec 2017 Quarter Pretax Income of $255 Mil, Up an Eye-Opening 540% Above Its Dec 2016 Quarter Pretax Loss of $75 Mil ....................................................................................... But That's Simply a Drop in the Bucket as Compared to This: Toyota Motor Credit's Dec 2017 Quarter After-Tax Net Income Was $3.076 Bil, Up a Spectacularly Off-the-Charts 69 TIMES or Up $3.122 Bil From Its Dec 2016 Quarter After-Tax Net Loss of $46 Mil ....................................................................................... $2.900 Bil or 94% of Toyota Motor Credit's $3.076 Bil Dec 2017 Quarter After-Tax Net Income Came From an Income Tax Benefit of $2.900 Bil Resulting From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the Clearly Both Japan and Texas Favored US Trump Tax Cuts Act