Prince Harry may, allegedly, be forced to fork out $600,000 in taxes if he stays in the United States until the first week of November.
According to Globe, the Duke of Sussex and his wife, Meghan Markle, could get clobbered with a massive tax bill if Prince Harry stays in the United States for a long period of time. Since he is not an American citizen, Prince Harry is most likely staying in the United States under his tourist visa.
While speaking with the tabloid. L.A.-based tax lawyer, David Holtz, said that any foreigner who stays in the United States for at least 183 days is liable for federal and California state taxes.
This means that if Prince Harry and Markle are still in the United States after the first week of November, they will already be asked to pay a huge sum of money in taxes.
“Harry gets at least $600,000 from his royal allowance, plus money from his dad Prince Charles. Couple that with the business deals the pair have been making and you’ve got millions in income,” the source said.
This means that Prince Harry and Markle belong to the upper tax bracket. And they would be required to pay at least one-third of their income. The source said that Prince Harry and Markle might be asked to pay at least $2 million in taxes, but the amount is probably higher for the couple.
However, Gossip Cop debunked the tabloid’s claims by saying that there’s no big deal to the story. It is true that Prince Harry would have to pay his taxes while staying in the United States. But it’s not like he’s trying to escape from paying them.
And while it is true that Prince Harry and Markle earn a huge sum of money, they no longer receive financial help from Prince Charles. In January, the couple made it clear that they want to quit The Firm because they want to be financially independent of the royal family.
Weeks ago, Prince Harry and Markle also paid off their debt after buying a house in Santa Barbara. A statement was released shortly after that the couple no longer has financial ties with the royal family.
As such, one should take the tabloid's claims with a grain of salt.