Does The King Owe Taxes?

The Royal Household is looking into claims that King Juan Carlos may owe taxes from the money his father left him, El Mundo and other news outlets are reporting.

Opposition parties are asking for information about three Swiss bank accounts that news accounts say belonged to Don Juan de Borbón y Battenberg, the Count of Barcelona.

He is said to have left his son about 375 million Spanish pesetas, the currency before the Euro.

King Juan Carlos' father, the Count of Barcelona, resigns any claims to the throne, allowing his son to follow Gen. Franco as Head of State. The King's mother Princess María de las Mercedes of Bourbon-Two Sicilies in yellow. © Agencia EFE
King Juan Carlos’ father, the Count of Barcelona, resigns any claims to the throne, allowing his son to follow Gen. Franco as Head of State. The King’s mother Princess María de las Mercedes of Bourbon-Two Sicilies in yellow.
© Agencia EFE

Don Juan died on April 1st 20 years ago. Members of the Royal Family will soon gather to honor his memory.

In the United Kingdom, Queen Elizabeth decided in the early 1990’s to voluntarily pay taxes.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s