205 King Charles Will Not Pay The 40% Inheritance Tax Required of British Subjects: Some Really Are More Equal Than Others! (www.foxbusiness.com) posted 2 years ago by PowderRoomPolitics 2 years ago by PowderRoomPolitics +205 / -0 Here's why King Charles III will not pay inheritance taxes on a $750 million property King Charles III will not have to pay inheritance taxes on the Duchy of Lancaster estate valued at over $750 million due to a 1993 law. 19 comments share 19 comments share save hide report block hide replies
But they can use the assets as collateral to raise a ton of money.
The monarchy did just that in the reign of George III, he wanted money to keep the ungrateful colonials (the 13 colonies) inline so a deal was struck with parliament. They gave him the money in exchange for his lands.
u/cathole953 explains this better than I could.