Monday, February 19, 2018

The Hague in The Netherlands Insurance Co Aegon NV Generated 4Q 2017 Pretax Income of EUR 526 Mil, Down 2% From Its 4Q 2016 Net Income of EUR 536 Mil ....................................................................................... On the Other Hand, Aegon's After-Tax Net Income in the 4Q 2017 Was EUR 986 Mil, Up 109% From Its 4Q 2016 Net Income of EUR 470 Mil ....................................................................................... Whoa, What's Going On Here With Aegon's Earnings? ....................................................................................... Well, It's All About the US Trump Tax Cuts Act ....................................................................................... Aegon Received an Income Tax Benefit of EUR 1.0 Bil in the 4Q 2017 From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the US Trump Tax Cuts Act ....................................................................................... The Entire EUR 1.0 Bil Income Tax Benefit Is Included in Aegon's Total Stockholders Equity With EUR 554 Mil of the EUR 1.0 Bil Also Included as a Reduction in Income Tax Expense on Aegon's Income Statement