Finances of the British royal family are not subject to legislation concerning income tax, capital gains tax or inheritance tax. Furthermore, the Sovereign has no legal liability to pay such taxes. The Duchy of Cornwall has a Crown exemption and the Prince of Wales is not legally liable to pay income tax on Duchy revenues. A "Memorandum of Understanding on Royal Taxation" was published on 5 February 1993 and amended in 1996, 2009 and 2013. It is intended that the arrangements in the memorandum will be followed by the next monarch. The memorandum describes the arrangements by which The Queen and The Prince of Wales make
Elizabeth R: A Year in the Life of the Queen through this documentary. However, Jeff Silverman of "Variety" said that the film did not refer to any familial troubles and added "God save the queen; the BBC couldn't." Its video version became one of the fastest selling video in the United Kingdom the same year. Amazon customers rated its video 4.5 out of 5. In February 2016 its IMDb rate is 8.5 out of 10 based on 20 reviews. Elizabeth R: A Year in the Life of the Queen Elizabeth R is a 1992 television documentary film about Queen Elizabeth II. It was produced by the BBC and directed by