Record on Romney's 2010 tax return differs from financial disclosure: report

By: Sarah B. Boxer
Topics: Campaign 2012

Tax attorney weighs in on Romney's returns

Mitt Romney

Updated at 7:20 p.m. ET

The parsing of Republican presidential candidate Mitt Romney's tax returns turned up at least 23 "funds and partnerships" that were listed on his 2010 form but not on his most recent financial disclosure form, news organizations reported on Thursday.

Romney's campaign downplayed the discrepancy.

"To be clear, these are of a minor technical nature and reports to the contrary are inaccurate," said campaign spokeswoman Andrea Saul.

The Los Angeles Times found that "at least 23 funds and partnerships listed in the [Mitt and Ann Romney's] 2010 tax returns did not show up or were not listed in the same fashion on Romney's most recent financial disclosure," the paper reported.

Some of the funds, the Times reported, were based in low-tax foreign countries such as Bermuda, the Cayman Islands, and Luxembourg.

Romney's campaign disputed this aspect of the Times's report.

"Every single one of these investments are taxed to the Romneys in the United States," Saul said.

Sarah B. Boxer
Sarah B. Boxer covers politics for CBS News.
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by DocD--2008 January 27, 2012 3:25 PM EST: If the information on his Tax returns does not match up with the information on his financial disclosure, he has violated several federal laws and should be criminally charged with it.; Reply to this comment


by calif7 January 26, 2012 10:58 PM EST: What is interesting is that Romney will not release his returns prior to 2010 because of all of the offshore hiding of his money (because he did not want it to be an issue). Come on Mitt-man up like your father did and release at least 10 years. You are trying to say that President Obama is trying to make the USA like Europe. However, you are the one with Swiss and Cayman bank accounts.; Reply to this comment


by obwan222 January 26, 2012 10:48 PM EST: The problem isn't that Romney is rich. After all, Americans worship the rich (to their own detriment). The problem is that Romney has made a living out of being rich.

He doesn't have to work because his money from years past makes more money for him year after year. He can indulge in a run for the Presidency because he has millions to spend and after that he will still have millions to live on without working (or creating a job for someone else) a day in his life.; Reply to this comment


by aheadace January 26, 2012 10:45 PM EST: Willard is a con man; Reply to this comment


by aheadace January 26, 2012 10:43 PM EST: And the latest poll showed if the American people could vote Congress out of office they would vote all Democrats and Republicans out in all states; Reply to this comment


by aheadace January 26, 2012 10:37 PM EST: Willard is a piece of shi! just like the rest accounts in Cayman Islands Swiss bank's Ireland and the Bermudas some not disclosed last year he is a real piece of work he is nothing but a CROOK.; Reply to this comment

by RobAla January 26, 2012 10:23 PM EST

Out of millions of dollars, and CBS can only come up with this petty nonsense? He must have been pretty clean.

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by aheadace January 26, 2012 10:38 PM EST: RobAla you are a joke

by uisignorant January 26, 2012 8:27 PM EST

Did you find any BHO documents yet?

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by fedup12 January 26, 2012 9:43 PM EST: Or WMD?


by cigar-smoker January 26, 2012 7:47 PM EST: And in other shocking news today top scientist discover that water is wet!; Reply to this comment

by sobobx January 26, 2012 7:28 PM EST

Seriously, in this day and age, how can anyone in their right mind think they could run for office of the President of the United States when they had boatloads of money stashed in offshore accounts from the Caymans to Europe? Reallly!!! Give it up, Mitt. Besides, neither you or Gringrich has a chance against President Obama. You'll just be a Goldwater footnote for this generation.

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by askagain January 26, 2012 7:47 PM EST: Yeah. We are better off with a Congressman who takes bribes or gives special favors to his friends. I would rather take my chances on someone who made money the hard way through hard work and brains.


by involved_indi January 26, 2012 9:12 PM EST: Because most people are smart enough to see through all the "gotcha" moments like this one and realise what spin is. You appear to be an exception. Congratulations.