I don’t get your point. The IRS Pub is mostly warning taxpayers of illegitamate schemes whereby a naive investor is conned into investing his money in “offshore bank accounts” and investments thereby earning above market rates that magically are not taxed. Because he is unsophisticated, he may end up with an audit, or worse engaged in a fraudulent transaction. This actually happened to a friend of mine although I warned him to steer clear of the “too good to be true” investment. Mitt Romney undoubtedly has a platoon of accountants and attorneys to avoid such entanglements.
My thoughts about your continued speculation and innuendos.
A) Mitt Romney’s assets are in a blind trust. He is not doing the day to day management.
B) Mitt Romney is a very high profile individual and given the media has a vested interest in electing Obama if there were the hint of illegality or in less than above the board investments it would be front page news. As it is we are treated to daily doses of speculation and innuendo that you seem to accept as true.
C) You have not provided a smidgen of evidence that Mitt Romney has engaged in illegal, unethical, or corrupt dealings in his personal life.
So what’s your beef with the man, other than he’s a Mormon?
Lisa