Partly Cloudy
56°
Morris, IL
Partly Cloudy|Forecast »

Romneys likely gained from complex offshore deals, tax experts say

WASHINGTON (MCT) — Mitt Romney’s former private equity firm used a half-dozen companies and partnerships in the tax havens of Luxembourg, Ireland and the Grand Caymans four years ago to channel $689 million in loans to a U.S. company that it co-owned.

To the average American, the deal might seem bizarre.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

What is your stance on a proposed 1 percent sales tax to fund local school building projects?

I'm in favor of anything that will help improve school finances
I will support it if it helps to lower my property taxes
I oppose it because I don't believe it will impact property taxes and I will just pay twice
I'm against any additional taxes
I have not heard enough yet to form an opinion