United Kingdom · Question · Written question
HL HL1184
Duchy of Cornwall: Taxation
Introduced
30 January 2020
Last action
13 February 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Taxation
Source updated
13 February 2020
Summary
To ask Her Majesty's Government, in light of the fact that the Duchy of Cornwall operates in the private sector, how much (1) capital gains, and (2) corporation, tax has been paid by the Duchy in each of the past five years.
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Timeline
30 January 2020
Written question
To ask Her Majesty's Government, in light of the fact that the Duchy of Cornwall operates in the private sector, how much (1) capital gains, and (2) corporation, tax has been paid by the Duchy in each of the past five years.
Source: Lords
13 February 2020
Answer
The Duchy of Cornwall is a private estate and is not subject to corporation tax. The Duke of Cornwall (The Prince of Wales) pays tax as agreed in the Memorandum of Understanding on Royal Taxation [1]. He does not pay capital gains tax since he does not re...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-01-30/HL1184
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1175370
- uk · wq-1175370 · source updated 13 February 2020