To: Jeffrey [email protected]] From: DS Sent Sat 7/20/2013 6:19:44 PM Subject: BBC 15 July 2013 Last updated at 18:16 Share this page Email Print Share Facebook Twitter Prince Charles's aide grilled by MPs over tax affairs Continue reading the main story Related Stories e prince uses the duchy to fund his and his wife's public dut MP presses Charles on Duchy tax Funding for Prince Charles falls HMRC 'must fully investigate' Google The Prince of Wales is not liable to pay corporation or capital gains tax, a senior royal aide has told MPs on the Public Accounts Committee. William Nye said the Duchy of Cornwall - which provides the heir to the throne with a private income - was not a corporation and that the prince voluntarily pays income tax. Committee chairwoman and Labour MP Margaret Hodge questioned the "fairness" of the tax arrangements. The duchy estate is worth £762m. The prince was paid £19m from the estate last year and paid just over £4m in income tax and VAT. EFTA_R1_00447534 EFTA01968060