Romney's Bain Capital Dodged $102 Million In Taxes By Using Dutch Tax Loophole, Newspaper Writes

[Tx4obama]

Mitt Romney's Bain Capital Dodged $102 Million In Taxes By Using Dutch Tax Loophole, Newspaper Writes

Bain Capital evaded about €80 million (or $102 million) in taxes by using a financial loophole in the Netherlands, according to a HuffPost translation of an article in the Dutch newspaper De Volkskrant Monday.

De Volkskrant and the website Follow the Money claim that by routing its 2004 investments in the Irish pharmaceutical company Warner Chilcott through the Netherlands, Bain was able to dodge dividends and capital gains taxes. Financial adviser Jos Peters estimates that the loophole allowed Bain to save about $102 million.

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Full article here: http://www.huffingtonpost.com/2012/11/05/mitt-romney-taxes-netherlands_n_2077754.html

[orpupilofnature57]

1. The Villain who wants to be our Daddy .

[BayouBengal07]

2. If Romney wins, does this simply disappear?

I was thinking today, even if Romney wins, it's not as if the controversies surrounding his taxes would suddenly evaporate. As long as these stories keep emerging, they'll remain an albatross around his neck well into the future.

[leveymg]

3. If he wins, in effect, the Villain gets Executive Immunity.

[silverweb]

4. When can we arrest him?

[font color="navy" face="Verdana"]n/t