Bain Documents: Romney Offshore Investments Used 'Blockers' To Avoid Taxes

Bain Documents: Romney Offshore Investments Used ‘Blockers’ To Avoid Taxes

The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital’s private audit and finance records made public on the website Gawker today.

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