December 22, 2017 / 5:56 PM / 8 months ago

Daimler says U.S. tax reform to lift 2017 net income

FRANKFURT, Dec 22 (Reuters) - German carmaker Daimler said on Friday the U.S. tax reform would result in an income tax benefit increasing its 2017 net income by around 1.7 billion euros ($2.01 billion).

But other issues not connected to the U.S. tax reform will lead to higher tax expenses, which means the overall increase in net income will come to only around 1 billion euros, it said, without providing details of those issues.

$1 = 0.8442 euros Reporting by Maria Sheahan; Editing by Adrian Croft

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