Romney Avoids $100 Million in Dividend Taxes via Foreign Route

On Nov. 5, 2012, De Volkrant ran an article about how Mitt Romney avoided $100 million in dividend taxes through a private equity fund in The Netherlands. Here is the Volkskrant story. A longer version of the story originally appeared at Follow the Money. Below is a translation (posted with permission of Follow the Money). Thanks to John Sinteur, blogger at The Daily Irrelevant (and author of the iPhone app above), for the translation.

The offshore fiscal routes Mitt Romney uses also go through The Netherlands. The private equity fund Bain Capital, in which the presidential candidate participates, uses the Dutch route to evade about 80 million euro ($102 million) of taxes on dividends.

http://www.electoral-vote.com/evp2012/Info/romney-taxes.html
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no harm posting this - so that those who haven't seen it can