British media: The new British king inherited 652 million pounds of real estate, no need to pay inheritance tax

According to the British Sky News Network on the 13th, the New King Charles III in the United Kingdom inherited from the late Queen Elizabeth II, which inherited the "Duchy of Lancaster), which was worth more than 652 million pounds, and according to one purpose In protecting the royal wealth regulations, inheriting the real estate no inheritance tax to the government's inheritance of £ millions of pounds.

According to British law, if someone inherits more than a certain value assets from the dead relatives, the inheritance tax will be paid at a ratio of 40%. However, due to a regulations issued by the British government in 1993, the king does not have to pay heritage tax. The provision clearly states that when the asset is transferred from one monarch to another monarchy, no heritage tax is required. John Major, then British Prime Minister, said that the situation of hereditary monarchy was "unique" and requires "special arrangements". He believes that the British royal family assets are facing the risk of "sausage" by generations of heritage taxes. Mei Jie once said to the British House of Commons: "I think this provision is necessary for the independence of protecting the royal family. I don't want to weaken this independence in any way."

In addition, a memorandum of understanding of royal taxes in 2013 also stated that the British government's asset tax on asset tax "from the queen as a monarch rather than privately" was obviously inappropriate. This official document also believes that the royal family needs "enough private resources" to fulfill its role in national life and ensure that it is independent of the government to a certain extent. The document also mentioned that Charles III previously confirmed that he intends to continue to use this arrangement after boarding the throne.

It is reported that the financial records of "Lancatster" showed that as of the end of March this year, the real estate has brought 24 million pounds of income to the Queen of the United Kingdom in the past year, and the total value of the real estate exceeds 650 million pounds.

It is reported that the British monarch has no obligation to pay any taxes in law, but Queen Elizabeth II has voluntarily paid income tax and capital gains tax since 1993. It is expected that King Charles III will also do this.

King Charles III also voluntarily paid taxes on the income obtained by another real estate "Principality of Corwall", and now the real estate has been transferred to the new Prince William Prince William.

Sky News reported that, apart from Charles III, anyone who inherited private assets from Queen Elizabeth II must pay heritage taxes to the British government.

(Edit: ZLQ)

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