According to The Telegraph:
The Queen and the royal family will have to pay a mansion tax on their portfolio of country estates if Labour is elected, Ed Balls has said.
The shadow chancellor said that royals will not be exempt and will have to pay the taxes “just like everyone else” for properties which are not open to the public.
The Queen has paid income tax and capital gains tax for decades, but she and the Royal family are likely to be hit significantly harder by a mansion tax.
To read the entire article in The Telegraph, please click here.
