According to the campaign group Republic, the heir to the throne, Charles Prince of Wales pays zero corporation tax on his Duchy empire. Boycott Duchy Originals until he pays his fair share of tax.
Campaign group Republic has reported Charles’s Duchy of Cornwall to the HMRC for what has been dubbed a ‘well entrenched tax avoidance scheme’.
Following an investigation by Republic into the Duchy, the group has questioned why the property empire pays no corporation tax on its multi-million pound profits, which are paid directly to Charles every year.
Republic has also written to Margaret Hodge MP in her role as chair of the Commons Public Accounts Committee, asking her to investigate the Duchy’s tax arrangements.
Full article:
http://www.republic.org.uk/updates/?p=756
Following an investigation by Republic into the Duchy, the group has questioned why the property empire pays no corporation tax on its multi-million pound profits, which are paid directly to Charles every year.
Republic has also written to Margaret Hodge MP in her role as chair of the Commons Public Accounts Committee, asking her to investigate the Duchy’s tax arrangements.
Full article:
http://www.republic.org.uk/updates/?p=756
Comments
Display the following 2 comments