Tuesday, July 03, 2012 2:43:54 PM
The Secrets Of Romney's Offshore Bank Accounts
politics August 2012
Where the Money Lives
For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.
By Nicholas Shaxson
Read Inside Box 438, the British Virgin Islands’ Tax-Friendliest Address
http://www.vanityfair.com/online/daily/2012/07/virgin-islands-box-438-taxes
Ruth Tomlinson/Robert Harding World Imagery/Corbis (beach); by Justin Sullivan/Getty images (inset).
BURIED TREASURE Grand Cayman, where Bain Capital maintains at least 138 funds.
Inset, Mitt Romney tries to spot his La Jolla home from the campaign plane.
. . .
http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts
politics August 2012
Where the Money Lives
For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.
By Nicholas Shaxson
Read Inside Box 438, the British Virgin Islands’ Tax-Friendliest Address
http://www.vanityfair.com/online/daily/2012/07/virgin-islands-box-438-taxes
Ruth Tomlinson/Robert Harding World Imagery/Corbis (beach); by Justin Sullivan/Getty images (inset).
BURIED TREASURE Grand Cayman, where Bain Capital maintains at least 138 funds.
Inset, Mitt Romney tries to spot his La Jolla home from the campaign plane.
. . .
http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts
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