Folks, this is important: Romney has not released a SINGLE COMPLETE TAX RETURN YET.

Zach Carter
Ryan Grim

Mitt Romney Taxes For 2010 Not Fully Disclosed

WASHINGTON -- Mitt Romney has not released his full tax records from 2010, including key documentation connected to his Swiss bank account.

Although President Barack Obama and an increasing number of Republican politicians have called on Romney to release tax returns from years prior to 2010, the public criticism has so far failed to note that Romney has not disclosed all of his tax documents for 2010 itself -- the only year for which the GOP presidential nominee has presented any final tax forms.

Romney released his 2010 tax return in January of this year, a document that first informed voters about the existence of his Swiss bank account and financial activities in Bermuda and the Cayman Islands. But people who own foreign bank accounts are required to file a separate document with the IRS that provides additional details on such overseas bank holdings, and Romney has not released that form to the public.

The Romney campaign did not respond to HuffPost's request to view the document.

Tax experts say it is almost certain that Romney did file the form, known as a Report on Foreign Bank and Financial Accounts, or "FBAR" in accountant slang. The penalty for not filing an FBAR can be severe, and the IRS would have expected to receive the form since Romney listed the Swiss bank account on his tax return. Listing the account on his tax return and then failing to file the subsequent FBAR would have been asking for a hefty fine, and would probably have heightened IRS scrutiny of prior tax filings.

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http://www.huffingtonpost.com/2012/07/18/mitt-romney-taxes-2010_n_1683084.html

In any case, Stanford University law school professor and tax law expert Joseph Bankman told the Associated Press, "It's the Bain years we'd really need to know to have a full assessment of his tax strategies." Releasing details for 2010 and 2011, Mr. Bankman said, "only raised these questions, but they can't provide real answers."