23 Funds, Partnerships Missing From Romney's Disclosure

Romney team calls missing items 'trivial,' but critics pile on
By Mark Russell,  Newser Staff
Posted Jan 27, 2012 2:00 AM CST
23 Funds, Partnerships Missing From Romney's Disclosure
Republican presidential candidate former Massachusetts governor Mitt Romney speaks during the Florida Republican Presidential debate last night.   (Getty Images)

At least 23 funds and partnerships listed on Mitt and Ann Romney's tax return in 2010 were not disclosed in the candidate's most recent financial disclosure statement, filed in August for his presidential run, reports the Los Angeles Times. Of those, 11 are in low-tax countries, including Bermuda, the Cayman Islands, and Luxembourg. Romney's campaign called the missing items "trivial," saying Romney has paid all the taxes he owes in the US, although the campaign is reviewing the document further and promises “some minor technical amendments.”

Many of the missing files appear to stem from differences between the reporting requirements of the IRS and the Office of Governmental Ethics, to which all presidential candidates must disclose their personal finances. Critics cite these discrepancies as further proof of how Romney is out of touch with the financial realities most Americans face. “The inescapable fact is that by releasing over 600 pages of information regarding his finances, Mitt Romney is clearly coming down on the side of disclosure,” said a Romney spokeswoman. (Read more Mitt Romney stories.)

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