(May 11, 2015 at 6:00 am)Pandæmonium Wrote:(May 11, 2015 at 5:58 am)robvalue Wrote: Hmm, they get to hide their accounts like the church?
No sorry, that wasa mistake. It does publish an annual account but there's speculation that it doesn't give a true picture of the various subsidiaries and other investments the Duchy is involved in.
It competes with other businesses in various fields but pays no* tax (capital gains and corporation).
*fixed
Indeed. And that's only in the UK. If we also take in to consideration the money the Crown makes from land & businesses owned elsewhere in the Commonwealth, where little/no argument can be made regarding the value of 'royal tourism', the case against their existence becomes even stronger.
Sum ergo sum
