Duchy of Cornwall tax affairs
The Prince of Wales is facing calls from a leading MP to pay a greater share of tax on his Duchy of Cornwall estate.
The Prince of Wales is facing calls from a leading MP to pay a greater share of tax on his Duchy of Cornwall estate.
The treasury is being urged to investigate whether Prince Charles's Duchy of Cornwall estate has an unfair advantage over its commercial rivals.
The Duchy is a portfolio of land, property and investments all over the South West, but it doesn't have to pay corporation tax or capital gains tax.
Last year it generated more than £28m. Prince Charles uses the money to fund his public duties.
Margaret Hodge MP is from the Public Accounts Committee:
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