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1 jc717  Apr 15, 2012 5:59:38am

This is very common in the private equity/hedge fund world.
Often times, the complex tax structures mean that all the necessary filing docs (K1-s forms) for all the shell partnerships are not ready in time for the mid April timeline.
It wouldn’t surprise me if Romney does’t have enough info from Bain to file at this point.

2 Sophia77  Apr 15, 2012 10:51:14am

Ah. Finally; I have something in common with Mitt Romney:)

3 Dark_Falcon  Apr 15, 2012 11:10:57am

re: #1 jc717

This is very common in the private equity/hedge fund world.
Often times, the complex tax structures mean that all the necessary filing docs (K1-s forms) for all the shell partnerships are not ready in time for the mid April timeline.
It wouldn’t surprise me if Romney doesn’t have enough info from Bain to file at this point.

Exactly. It’s not appropriate to infer much from this. If anything, Mitt would want to file as soon as possible in order to get the inevitable attacks from the Donks out of the way. But his accountants have to deal with some complicated issues the Obamas do not face, and the fact that he has asked for an extension, as is his right, does not mean he is being dishonest.

4 Mich-again  Apr 15, 2012 11:21:15am

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