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What are the odds Romney paid income taxes to foreign gov'ts but not ours? (Original Post) matmar Aug 2012 OP
He did/does pay foreign income taxes which are then deducted from the amount he owes sinkingfeeling Aug 2012 #1
High, if he claimed earnings in those countries to hide from US uponit7771 Aug 2012 #2
I would be more inclined to think he did not claim interest from his Swiss account and got caught appleannie1 Aug 2012 #3
That amnesty was 2009, and would require a form filed in 2010 as well Bluenorthwest Aug 2012 #4
There is no question - and he gets to deduct foreign taxes Ruby the Liberal Aug 2012 #5
I doubt he paid taxes anywhere. He's got an army of accountants. HopeHoops Aug 2012 #6
AS IF. pansypoo53219 Aug 2012 #7

sinkingfeeling

(51,444 posts)
1. He did/does pay foreign income taxes which are then deducted from the amount he owes
Fri Aug 17, 2012, 11:40 AM
Aug 2012

the fed. You can see all those attached form 116s with the 2010 1040 he did release.

http://www.dailykos.com/story/2012/07/21/1112319/-Romneys-Foreign-Tax-Credits-shows

appleannie1

(5,067 posts)
3. I would be more inclined to think he did not claim interest from his Swiss account and got caught
Fri Aug 17, 2012, 11:45 AM
Aug 2012

and requested amnesty for tax evasion.

 

Bluenorthwest

(45,319 posts)
4. That amnesty was 2009, and would require a form filed in 2010 as well
Fri Aug 17, 2012, 11:49 AM
Aug 2012

which is why Mitt has not released even one full filing. He left out the form that says he took an amnesty, which is an admission of evasion.

Ruby the Liberal

(26,219 posts)
5. There is no question - and he gets to deduct foreign taxes
Fri Aug 17, 2012, 11:51 AM
Aug 2012

against US taxes. That is a given for anyone who has so much as a mutual fund with international investments. Your annual 1099-DIV lists what was paid and to which foreign entity.

 

HopeHoops

(47,675 posts)
6. I doubt he paid taxes anywhere. He's got an army of accountants.
Fri Aug 17, 2012, 12:53 PM
Aug 2012

And you thought LAWYERS were bad!

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