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 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 Edward Mirzoeff. It was the second officially approved documentary about the British royal family since 1969's "Royal Family". "Elizabeth R" was followed by the BBC-RDF documentary "" in 2007. The film was produced by BBC to mark the 40th anniversary of the Queen's accession. The director and producer was Edward Mirzoeff. The writers of the screenplay were Mirzoeff and Antony Jay, who also wrote the script of the 1969