Posted by Boffer on June 10, 2012, 5:32 pm, in reply to "Taxes"
As far as I am aware (being British), unlike in the United States, there is not a form of "gift tax" in the United Kingdom.
Thus I think the story of Prince Charles having to pay gift tax for the engagement ring is a false story.
--Previous Message-- : Plus taxes - were it to be gifted, wouldn't : Camilla have to pay significant taxes? I : believe Charles had to pay taxes on her : engagement ring, which was given to him : outright by the Queen Mother. : : This way it stays in the jewel pool and gets : passed down to Charles (or the next : monarch); Camilla can still wear it and : there are no taxes to be paid. : : --Previous Message-- : It is clear from the phrasing in The Queen's : Diamonds that within the royal family, : historic jewels are no longer : "gifted" they are simply : "loaned". : : The main case being 'The Greville Tiara' : which has been worn solely by The Duchess of : Cornwall since 2005, which in the past we : would have assumed meant it had been gifted : to her. : : Now however, perhaps due to the lessons : learnt from the numerous divorces of the : 1990s, family heirlooms are simply loaned. : : Thus it could be the case that 'The Duchess : of Teck's Tiara' has never actually been : worn by The Duchess of Cornwall. It is : simply in her possession, in a safe at : Clarence House; and maybe one day she will : wear it. : : It is a shame that the Official Visits that : TRHs The Prince of Wales and Duchess of : Cornwall undertake, no longer include any : tiara banquets or official dinners, as these : would be the perfect occasions to wear this : tiara; which is less imposing that 'The : Greville Tiara' that HRH seems to favour for : the grand state events. : : --Previous Message-- : ...not at a grand public occasion where : photographers were present at least. : : --Previous Message-- : : I don't think it has been worn by her. : : : --Previous Message-- : According to page 122 of The Queen's : Diamonds, : the Duchess of Teck's wild rose and crescent : tiara was loaned to the Duchess of Cornwall. : : So far - to my knowledge - we've only seen : Camilla with the Delhi Durbar and the : Boucheron Greville tiara. Does anyone know : of the occasion on which DoC wore the : Duchess of Teck's tiara? : : : : : : : : : : : : :