(no title)
waitwhat | 11 years ago
They also pay tax: "In 1992, The Queen volunteered to pay income tax and capital gains tax, and since 1993 her personal income has been taxable as for any other taxpayer. The Queen has always been subject to Value Added Tax and pays local rates on a voluntary basis." I also assume that she does minimal tax avoidance.
http://en.wikipedia.org/wiki/Crown_Estate
http://www.royal.gov.uk/TheRoyalHousehold/Royalfinances/Taxa...
robin_reala|11 years ago