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Review the 2017 Annual Report for Berkshire Hathaway (BRK). Warren Buffet attributes $29.1B of its earnings to the Tax Cuts and Jobs Act. Review Item
Review the 2017 Annual Report for Berkshire Hathaway (BRK). Warren Buffet attributes $29.1B of its earnings to the Tax Cuts and Jobs Act. Review Item 7 of the MD & A (Management Discussion and Analysis) and the tax note to the financial statements (16). Prepare a reconciliation that shows all sources of these tax effects to derive the $29.1B.
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