A
Anonymous
Guest
Dutch Newspaper Reports Romney Avoided $100 Million in Taxes
This morning, investigative reporters at a quality Dutch newspaper, De Volkskrant, published a story that Mitt Romney avoided $100 million in dividend taxes using a complex route that ran through The Netherlands. The mechanism used an arcane clause in the tax treaties that determine which country can tax which type of income when a construction, in this case a private equity fund, runs through multiple countries. Some of the data came from legal documents filed with the Dutch Chamber of Commerce. The reporters repeatedly asked Romney to comment on the story but he refused.
http://www.volkskrant.nl/vk/nl/2680/Economie/article/detail/3342442/2012/11/05/Romney-ontwijkt-belasting-door-sluipweg-via-Nederland.dhtml
Well-one thing if Romney gets in he will know all the tax loopholes for the ultra wealthy to use...
The question is will he use than knowledge to help the country-- or his ultra wealthy buddies :???: