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
Queen Elizabeth II Bridge, British Virgin Islands Queen Elizabeth II Bridge, British Virgin Islands The Queen Elizabeth II Bridge, sometimes called the Beef Island Bridge, is a bridge, 70 meters (230 ft) long, that links Beef Island with Tortola in the British Virgin Islands. The original bridge was opened in 1966, and was replaced by a new bridge in 2003. The first Queen Elizabeth II Bridge was opened in February 1966 by Queen Elizabeth II. The bridge was of steel and stone construction and had a single lane. The bridge proved its worth over the years, but with the extension of Terrance B. Lettsome International Airport and