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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat are the odds Romney paid income taxes to foreign gov'ts but not ours?
...he's definitely hiding something very politically damaging.
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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
sinkingfeeling
(51,444 posts)1. He did/does pay foreign income taxes which are then deducted from the amount he owes
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
uponit7771
(90,335 posts)2. High, if he claimed earnings in those countries to hide from US
appleannie1
(5,067 posts)3. I would be more inclined to think he did not claim interest from his Swiss account and got caught
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
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
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.
And you thought LAWYERS were bad!
pansypoo53219
(20,969 posts)7. AS IF.
he weaseled on taxes everywhere. tho, i am sure countries w/ better collection system got SOME.