Royal Family Faces Scrutiny Over 'Duchy Files' Financial Practices
An investigation reveals how King Charles III and Prince William profit from public funds while benefiting from tax exemptions.
- The Duchies of Lancaster and Cornwall, owned by King Charles III and Prince William, generate millions from public sector leases.
- Despite receiving substantial income, the duchies are exempt from corporation and capital gains taxes.
- Critics argue that these lands, part of the Crown Estate, should contribute to public finances, not royal wealth.
- The royal family maintains that duchy revenues support their public, charitable, and private activities.
- The controversy highlights ongoing debates about the transparency and accountability of royal finances.