Here is why Meghankan-Multi-Multi-$ 5 Million - will not see any royal income
As long as she is a US citizen, the royal family will keep all assets.
Meghan murder Maybe marry his prince charming - but that could cost her.
According to a report inThe sun, the actress will have to continue paying taxes at the IRS unless it renounces its US citizenship.
The former actress said she intended to become a British citizen after her marriage on May 19Prince HarryBut according to the British law, it can only be naturalized after living in Great Britain for three years.
Royal expertMarlene Koenig RecountThe sun"Even when he is married to a member of the British royal family, as long as she remains a US citizen, she will have to pay the income tax."
This will probably lead to Prince Harry to keep their finances separated after the wedding to protect the fortune of the royal family away from the tax man.
If Meghan had to receive Harry's money or the royal family after the couple gets married, he would be considered an income. This means that its tax liability would extend to Harry's substantial fortune, which could cause serious financial headaches for the Royals who had not previously revealed the details of various trusts.
According to the report inThe sunIf Meghan has more than $ 382,000 of a taxation year assets, she would need to file Form 8938 revealing the details of these assets, which could include details about the succession of the royal family that was previously undisclosed.
Meghan did a $ 63,000 reported by episode ofSuit This year and has an estimated net worth of approximately $ 5 million, according to celebritynetworth.com.
Prince Harry, who receives no public funding, has a considerable personal fortune. He received half of the succession of 21.5 million euros from Princess Diana and shares an annual € 3.5 million annual allowance with the Duke and Duchess of Cambridge.
If the name of Meghan is on one of the accounts of the royal family, this would mean that the previously secret details of the British royal family finances would be part of a tax return of the IRS.
Interestingly, if Harry and Meghan had to live in America, the prince would not have to deposit taxes in Britain.
All this surely means that the infamous "men in gray" at Buckingham Palace are just as busy protecting royal assets like Meghan and Harry planning their marriage. And for more information on the next royal nuptiales, take a look at the10 things we know about Harry and Meghan's wedding.
Diane Clehane is a journalist and author of New YorkImagine Diana: a novel.
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