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The royal family were under no obligation to reveal their official income, the palace says |
Spain's
royal family have published their finances for the first time.
King Juan
Carlos is paid 292,752 euros (£243,560) annually by the state, the royal
accounts reveal.
The king
pays 40% tax on his income. He gets 140,519 euros as salary and the rest is for
expenses.
Crown
Prince Felipe gets 146,376 euros. Queen Sofia and the three princesses get
375,000 euros between them. The total budget for the royal family was 8.4m
euros in 2011.
The Spanish
royal household has a staff of about 500, and just over 4m euros out of the
8.4m total was spent on them.
The Spanish
news website ABC said the family did not disclose how much was spent on
clothes, hair styling or other personal items.
The release
of royal budget figures on Wednesday was in the spirit of transparency and
modern times, the palace said.
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