Do British royalty have to pay taxes?
The British royal family pays taxes on their income. In 1992 the Queen has offered to pay income tax and capital gains tax on a voluntary basis. Since1993, her personal income has been taxed the same as any other British tax payer.
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About Income Tax
The Income Tax is a tax imposed by the Federal, most states and local governments. The income tax is determined by applying a tax rate to an income bracket. In 2011, taxes are due on April 15th.
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