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| Subject: Royals face 'tax nightmare' as US officials use Meghan's American citizenship to line up a raid on Harry's multi-million pound fortune Sun Nov 18, 2018 3:01 pm | |
| The Royal Family faces a tax 'nightmare' as US officials examine whether Meghan and Harry owe them a slice of their multi-million pound fortune, according to reports.
The Duchess of Sussex is still an American citizen so has to pay tax in the US, and this could extend to anyone else she draws money from, including her husband.
This could deplete both her $5million US fortune and Prince Harry's main source of private wealth, a £300,000-a-year trust fund on which he pays UK income tax.
The probe could even extend to the Queen and Prince Charles as they provide funding for the couple, aides told the Sunday Express, which reported that the royals are set to employ a team of US financial consultants to deal with the issue.
https://www.dailymail.co.uk/news/article-6402761/Meghan-Harry-face-tax-nightmare-hands-officials.html |
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