King Charles III to publish tax information

King Charles III has decided to release his tax data to increase public transparency, the British royal household said.

The announcement came on Sunday. The monarch will be the first to disclose the figures, with the release scheduled for Thursday.

British monarchs are exempt by law from income tax, capital gains tax and inheritance tax. The first two categories have nevertheless been paid on a voluntary basis since 1993.

A spokesperson said the goal is to explain all aspects of the royal finances in a way that further increases clarity and accessibility, while placing them in their historical and constitutional context.

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