Posted by John R on July 6, 2013, 9:19 am, in reply to "Re: Queen Fabiola"
Then what's keeping them you might wonder?
--Previous Message-- : That all depends on the stipulations made with : the donation. So anything is possible. : : --Previous Message-- : They only question is: What would happen to : it : after a (hopefully not) possible breakup of : Belgium and the abloition of the Monarchy. : Would they have given back to then then : former reigning Family or reamin in the : posession of successor states. : : --Previous Message-- : : HM Queen Paola did the start. She donated : the Kongo Diamond Parurecto the royal : foundation. : : : : : --Previous Message-- : Queen Fabiola has a very easy solution for : her : jewels. She could leave them to the state : like Leopold II did with most of his : inheritance. She could stipulate the jewels : are to be worn by the Queen, Duchess of : Brabant or ladies of the Royal Family. : Nobody would be paying inheritance tax and : it would be start of a crown collection of : jewels. : : --Previous Message-- : Leaving the Wolfers collier/necklace to : Princess Elisabeth would not skip : inheritance taxes. For heirs who do not have : any consanguity with the deceased the : succession taxes can go to maxima of 65% : (Flanders), 80% (Brussels) or 80% : (Wallonia), depending on the netto worth of : the inheritance per heir. Prince Philippe, : Princess Mathilde or their daughter Princess : Elisabeth all are in the same situation to : Queen Fabiola: none of them are related to : her. All of them will be faced with the : highest percentage of succession taxes. : : Would Queen Fabiola leave a surviving : husband or surviving children then the : succession taxes are at maximum 27% when the : worth is more than € 250.000,-- per person : (her surviving spouse or each of her : surviving issue). No wonder that the : succession taxes are the most hated taxes in : Belgium. It is often felt as "All my : life I have saved and built my estate. (In : Queen Fabiola's case it also is about : properties inherited from her De Mora y : Aragón family). After my death the State : suddenly knocks on the door and demands an : absurd percentage as taxes!" : : So many Belgians avoid these taxes in all : possible (legal) ways. Queen Fabiola tried : (tries) this as well by foundations as Fons : Pereos or Foundation Astrida. This deliverd : her hard critics from politicians, media and : public (who all on their turn of course do : exactly the same in avoiding all taxes). I : wish Queen Fabiola a lot of wisdom in : managing her jewels and other properties in : the best possible way. That is all difficult : enough in Belgium. : : : : : : : : : : :
on July 6, 2013, 9:19 am, in reply to "