Please read here on how to use images on RoyalDish. - Please read the RoyalDish message on board purpose and rules.
Images containing full nudity or sexual activities are strongly forbidden on RoyalDish.


Pages: [1]   Go Down
  Print  
Author Topic: The Danish Royal Family Finances  (Read 970 times)
0 Members and 1 Guest are viewing this topic.
Chandrasekhi

Huge Member
********

Reputation: 708

Offline Offline

Vanuatu Vanuatu

Posts: 2820


...


WWW

Ignore
« on: September 13, 2020, 02:58:33 PM »

Funding of the DRF
Accountable Expenditure
Assets
Logged

“Do or do not. There is no try.”

– Yoda
Chandrasekhi

Huge Member
********

Reputation: 708

Offline Offline

Vanuatu Vanuatu

Posts: 2820


...


WWW

Ignore
« Reply #1 on: September 13, 2020, 03:13:05 PM »

Quote
https://www.yourdanishlif...lly-they-do-not-own-much/
The Danish Royals may seem rich but they actually don’t own much

Income
Quote
Their main source of income is the appanage (royal provisions) granted by the Danish Parliament every year as part of the state budget.

Taxation:
Quote
The royals also have to pay inheritance tax and property tax, but get their paid VAT back from the state, so their cars for instance are cheaper to buy compared to your regular Danish citizens’, or other goods and services they purchase

Grace & Favour Residences
Quote
Their main residences are owned by the state, and run by the Agency for Palaces and Cultural Properties (Styrelsen for Slotte og Kulturejendomme), who put them at the disposal of the reigning monarch.
.....
The State-owned castles occupied by the Queen and other members of the Royal Family as their private living quarters and for representation are; Amalienborg, Fredensborg, Gråsten, and the hunting lodge Eremitage Slottet.

The actual Christiansborg Castle was never used for living quarters. Instead, the apartments, designed as royal living quarters, are used by Statsministeriet, the Prime Minister’s Office.

Only the Royal Reception Rooms are used by the Queen for state visits and official matters. They are open to the public when not in use by the Queen.
.....
The inside of the castles, where they are “tenants”, the Royal Households have to maintain themselves, but all exterior and major renovations are undertaken by the State.

Daisy Real Estate Assets
Quote
The only exceptions are the three residences that belong to the Queen as her personal properties; Marselisborg Slot, Château de Caix in France, and the royal hunting lodge in Jutland at Trend.

The costs of running these properties must be financed through their royal provisions.

Monarch-to-Monarch Asset Transfer
Quote
The royal family fund: Kongelige Danske Løsørefideikommis
The inventory used by the royal households to furnish their residences can be either private, owned by the state, or part of the Kongelige Danske Løsørefideikommis.

The Kongelige Danske Løsørefideikommis is a royal family fund, established in 1910 by King Frederik VIII and Queen Louisa. It is passed on from monarch to monarch and therefore doesn’t have to be split amongst the heirs.
.....
Heirlooms in this fund are not subject to inheritance tax, which the royals otherwise have to pay, instead the items in the fund can be used freely by the monarch and family members.

Of course, they also cannot be sold to cover expenses.


« Last Edit: September 13, 2020, 04:18:50 PM by Chandrasekhi » Logged

“Do or do not. There is no try.”

– Yoda
anastasia beaverhausen

Humongous Member
**********

Reputation: 1388

Offline Offline

United States United States

Posts: 5297





Ignore
« Reply #2 on: September 13, 2020, 03:47:51 PM »

Very interesting stuff!   Star

They really don’t have a ton of wiggle room. This still does not excuse CP Grifter’s dealings with Haberdash (and others I’m sure). 
Logged
Chandrasekhi

Huge Member
********

Reputation: 708

Offline Offline

Vanuatu Vanuatu

Posts: 2820


...


WWW

Ignore
« Reply #3 on: September 13, 2020, 04:25:24 PM »

Very interesting stuff!   Star

They really don’t have a ton of wiggle room. This still does not excuse CP Grifter’s dealings with Haberdash (and others I’m sure).  

Sure!  The Haberdash business is unsavoury. Are the DRF members allowed to save any part of their appanage? If yes, is it taxed? If not, how do they acquire assets?
Logged

“Do or do not. There is no try.”

– Yoda
periwinkle

Huge Member
********

Reputation: 926

Offline Offline

United States United States

Posts: 2907





Ignore
« Reply #4 on: September 13, 2020, 04:28:39 PM »

Don't they get a lot of freebies? I want to remember they get free cars given to them and Mary goes into stores and takes what she wants. I don't know if bills are sent later or if they are basically subsidized by rich people like the Greeks always seemed to be. As public servants there are probably rules but maybe not if they are not bound by local laws.
Logged
ralf103

Big Member
*******

Reputation: 1002

Offline Offline

United Kingdom United Kingdom

Posts: 2115





Ignore
« Reply #5 on: September 13, 2020, 06:09:16 PM »

I've hear rumours Mary walks into shops and takes things but I've always thought that surely can't be true. Even if she isn't just outright stealing and she is invited to come and take some items I can't see why a company would allow that rather than just offering a (heavy) discount.
Logged
Chandrasekhi

Huge Member
********

Reputation: 708

Offline Offline

Vanuatu Vanuatu

Posts: 2820


...


WWW

Ignore
« Reply #6 on: September 13, 2020, 06:50:48 PM »

Even a klepto Mary is unlikely to shoplift enough to hawk with intent of building a  nest-egg. Are they allowed to save any part of their appanage or is it spend, spend, spend with no thought of a possible end to their current privileges?  Thinking
Logged

“Do or do not. There is no try.”

– Yoda
Pages: [1]   Go Up
  Print  
 
Jump to: