Posted by Barbara D. on June 11, 2012, 4:58 am, in reply to "Re: Taxes"
--Previous Message-- : 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. : :
Might it be, that The PoW had to pay 'inheritance taxes' for the jewels he directly inherited from his late grandmother, QEQM? So that he had to pay taxes long before he gave the ring to his future wife?