Mitt and Ann Romney have invested their money all over the world, but none of these off-shore accounts were disclosed on their 2010 tax returns, the only returns they’ve released to this point.
The locations of the Romney off-shore investments (also see the diagram below):
- BERMUDA: The Ann D. Romney Blind Trust held an interest in a Bermudan company. The value was not disclosed in tax returns.
- CAYMAN ISLANDS: The Ann D. Romney Blind Trust held interests in numerous investment partnerships. The value was not disclosed in tax returns
- IRELAND: The Ann D. Romney Blind Trust held an interest in Goldman Sachs Liquid Reserves Fund and others. The value was not disclosed in tax returns
- LUXEMBOURG: The Romney Family Trust held interests in Bain Capital and other funds. The value was not disclosed in tax returns.
- GERMANY: The Romney Family Trust held interests in a German private equity company . The value was not disclosed in tax returns.
- AUSTRALIA: The Romney Family Trust held interests in a property management company. The value was not disclosed in tax returns.
- SWITZERLAND: The Romneys’ Swiss bank account, with a value of approximately $3 million. The value was not disclosed in tax returns.
In February, Mitt Romney amended his financial disclosure forms to include the off-shore investments pictured above, and income from a Swiss bank account that he had not previously reported, and which was not disclosed on 2010 tax returns. It was worth approximately $3 million at the time of disclosure. What else is Mr. Romney hiding?
Tell Mitt and Ann Romney to release more tax returns. 2010 isn’t enough. We know nothing about their finances during the years in which he headed up venture vulture firm, Bain Capital.
In contrast, President Obama and First Lady Michelle Obama (along with the Bidens) released 11 tax returns, all of which may be seen here.
Where are the tax returns, Mr. Romney?
Via Bob Cesca
