Queen Fabiola Avoiding Inheritance Tax? - Jan. 2013

[Marengo]

While Queen Beatrix' sisters can evade/avoid paying tax in The Netherlands, in Belgium Queen Fabiola's sollicitor officialy requested the Pereos Foundation to be dissolved.

http://www.hln.be/hln/nl/947/Royalty/article/detail/1622063/2013/04/26/Koningin-Fabiola-vraagt-ontbinding-van-haar-stichting.dhtml

[marine2109]

Queen Fabiola of Belgium finally dissolved her controversial foundation

La reina Fabiola de Bélgica disuelve finalmente su polémica fundación | Realeza | Noticias hola.com

Google Translate

[Marengo]

le Soir 'revealed' that Villa Astrida in Mortil, Spain is also property of a foundation, for the benefit of the nephews and nieces of queen Fabiola. This way they can avoid having to pay inheritance taxes over the property.

Until her death the queen is able to use the villa of the foundation, after that it will be property of her nieces and nephews.

This time the court only points outthat it is a legal foundation of Queen Fabiola and doesn't give further comments on the matter.

In Dutch:
"Fabiola heeft nog een constructie om aan successierechten te ontsnappen" - HLN.be

[maria-olivia]

To day :

Queen Fabiola put more than 2 millions euros in her Astrida Foundation. It is her own private money but she paid less than 10 % taxes.
In belgium the heirs of aunts/uncles , cousins have to pay more than 55 % taxes because it is an indirect line.

Katryn you are partly right she served Belgium for so long and the most important she made the late King Baudouin happy.

Her Financial Advisor are really bad and the Dutch press have the news first.
This should not have happen at the end of her life.
Who are her heirs ? the rich belgian and luxembourg princes and in Spain ??