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Kings, Queens, debt and taxes

The story about the debt collection law is the history lesson of the kings and queens ruling a colony or so-called union were strangers to the people.

  • First, the Norwegian finance department state in Chapter IX. Entry into force, transitional provisions and amendments to other laws. The Act comes into effect from the time the King decides.
  • Second, Chapter I. Area, definitions and deviations, the law applies to the recovery of past-due claims. Legal aid in the case of disputed money claims not considered an improvement. The Act waives provisions in or according to other law. The King can decide that the law should apply to Svalbard and Jan Mayen.
  • Third, Chapter VI. Debtor’s obligation to pay compensation § 17. The debtor’s responsibility for costs of extrajudicial recovery Section 19. Regulations on compensation amounts The King may by rule determine the values that the claimants may demand from a debtor liable Section 20. Provision on maximum liability for damages The King may, by statute, set a maximum rate for the compensation the claimants may claim from a debtor for costs of engaging a debt collector or for other expenses of extrajudicial recovery.
  • The King can decide the size of claims and added costs for the debtor’s obligation to pay compensation and set maximum rates. The law itself is hardly beneficial to the debtor as the size of the debt increase six folded during the process; one thousand kroner increase to 6000 kroner. It is indeed questionable as the King himself does not pay any tax.

The English, Danish and Norwegian Monarchy

The history is long and tells the story of how the Monarchy over many generations have accumulated wealth from taxation of the ordinary people. At the same time, are by law not applicable to pay any taxes on income or fortunes. In my opinion, the Monarchy is an example why greed is widely accepted in our society and gave the bourgeoise advantages, while the poor stay more miserable and the debt collection law continued slavery in a modern form without chains but debt. I believe it is unheard in a time when most people are struggling for existence and huge ecological problems in the system failure of capitalism and totalitarian new democracy lack humanity. The House of Saxe-Coburg is a German dynasty that ruled Saxe-Coburg and Gotha, one of the Ernestine duchies. Founded by Ernest Anton, the sixth Duke of Saxe-Coburg-Saalfeld, it is a cadet branch of the Saxon House of Wetting.

Victoria’s son, Edward VII, became the first monarch of the House of Saxe-Coburg and Gotha in 1901. During the First and Second World War there was fear of a monarchy collapse, in 1917, the next monarch, George V, changed “Saxe-Coburg and Gotha” to “Windsor after the castle” in response to the anti-German sympathies aroused by the First World War. Mostly because of German Monarchy where kings and queens from the same family, one the house of Hanover ruling Germany and The House of Saxe-Coburg the British empire. Sooner or later it would be a significant problem as their third relatives’ cosines where the Romanovs (Tsar family) who should one year then be executed under the Russian Revolution summer 1918.

The Royal Proclamation issued by King George V

17 July 1917, a royal proclamation issued by King George V declared: By the King a proclamation declaring that the Name of Windsor is to be borne by his Royal House and Family and Relinquishing the Use of All German Titles and Dignities.

The fear of Communism a significant threat than Nazism in the first part of the 19th century

However, not the only reason, the strong antisemitism in Europe and fear of the Russian Revolution that not by accident started the same year. The Tsar family (Romanovs) was close relatives to the Windsor family. Tsar Nicholas II of Russia, his wife Alexandra, and their five children executed by firing squad, 16 July 1918, the Windsor family feared the same destiny would happen to them and all the other European monarchies. If the revolution spread (source Execution of the Romanov Family It did not wipe out the bloodline entirely; their modern relatives include members of the British royal family, including Prince Harry.

The Kalmar Union

Norway, Sweden and Denmark had joint monarchs during the Kalmar Union in the late Middle Ages, and Norway remained in union with Denmark after Sweden left the union in 1523. Following the reformation, a joint Danish-Norwegian state established 1536-37, which was ruled from Copenhagen by the House of Oldenburg until Norway was ceded to Sweden at the Treaty of Kiel in 1814 following Denmark-Norway’s defeat in the Napoleonic Wars. Norway was briefly independent with its King in 1814 but forced into a new union with Sweden under the rule of the House of Bernadotte.

The Norwegian royal family belongs to the House of Glücksburg (House of Schleswig-Holstein-Sonderburg-Glücksburg) and ascended the throne after the election of Prince Carl (regal name Haakon VII) during the dissolution of the Swedish-Norwegian union in 1905. Prince Carl baptised with the names Christian Frederik Carl Georg Valdemar Axel, Carl. Prince Carl born in Copenhagen as the son of the future Frederick VIII of Denmark and Louise of Sweden. Prince Carl was educated at the Royal Danish Naval Academy and served in the Royal Danish Navy. After the 1905 dissolution of the union between Sweden and Norway, Prince Carl offered the Norwegian crown. Following a November referendum, he accepted the offer and was formally elected King of Norway by the Storting. He took the Old Norse name Haakon and ascended to the throne as Haakon VII, becoming the first independent Norwegian monarch since 1387. Haakon VII married his first cousin Princess Maud of Wales, youngest daughter of the future King Edward VII of the United Kingdom and his wife, Princess Alexandra of Denmark, eldest daughter of King Christian IX and Princess Louise 1896 at Buckingham Palace on 22 July 1896.

The princess of Wales

Princess Maud, a member of the British Royal Family viewed by many as an advantage to the newly independent Norwegian nation. Maud the princess of Wales, however, born a true Saxe-Coburg and Gotha, the coordination Maud as the queen of Norway Maud took place in Nidaros Cathedral in Trondheim on 22 June 1906. She died 1938 in London and was staying for more extended periods of her life with her family the Windsor’s, Haakon VII was the King of Norway from 1905 until he died in 1957.

The Saxe-Coburg and Gotha who became the Winsor and the Norwegian Royal family who belongs to the House of Glücksburg prove Norway was nothing else than a colony, not a union. Land for a collection of taxes, debt protection and the bourgeoise who worked for the royal family’s collection of tax and other laws forced upon the peasants Since the Russian Bolshevism and the revolution was a war upon the Monarchy and suppression of freedom, it became a bourgeoise problem if the kings and queen removed from their positions across Europe they would lose their privileges, wealth and power given by the kings and queens. Therefore Nazism became the saviour for Europe who after the world war, the French revolution was an easy target if the Russian Revolution spread.

The history of the Monarchy is essential to understand as it directly connects with the fear of Communism the enemy of capital power for the few. It led to secret governmental operations such as the Banana Wars, the Cold War, the conflicts in Latin-America such as Cuba, Chile, Honduras, Nicaragua, El Salvador and why drug trade became a solution to fund military, operate without permissions or democratic hearings. Cocaine is a currency stable, high and attractive; CIA could use the business to cover-up, non-democratic finances, buy weapons, start revolutions, wars as CIA avoided conflict with the Congress as they broke the constitutional laws. Budgets used to attach sovereign states by coupe conflict with the Constitutional amendments would never pass the Congress. The direct orders between various presidents of the US such as George W Bush and Ronald Regan administration and the intelligent agency CIA became the buffer making it possible to fight socialism and Communism around the world and especially in the south-Americas. It justified sex and illegal drug trades, and it was an economic perspective then and now (Afghanistan, Vietnam war, pay-off terrorists to destabilise sovereign states and steal resources such as oil in the middle-East creating fear by the war on terror).

The fortune of the Norwegian royal family considerable, hidden and toned down

King Haakon inherited 25,000 pounds sterling from his Danish family in 1896. Haakon’s father was the King of Denmark and his mother, the former British princess. Other significant parts of the royal fortune stem from the estate of Queen Maud, the old princess of Wales.

The Coutts Bank

In 1925, Queen Maud inherited €110.962.12 most of it managed by the British aristocracy’s preferred financial institution, Coutts Bank. The search for a Norwegian royal family fortune is hard still, it is there. Coutts bank is a private unlimited company, structures made for protecting. In situations for which an unlimited company preferred to limited company counterpart include:

  • secrecy concerning financial affairs desired, effectively shielding and safeguard its economic issues from public, media and competitor analysis.
  • Making them non-public information, including shareholder dividend payments not required to publish or make public its company financial statements a low risk of insolvency for creditors.
  • The company or its trading activities has or generates sufficient capital, funds or financing without need to approach general lenders such as high-street retail banks.
  • The company is active or trading in an area where limited liability is not acceptable, vital or practical, but perpetual succession crucial.
  • Extending, in general, greater assurance and confidence to creditors and trade finance transactions, in contrast to its limited company counterpart.

Coutts Bank at the Channel Island

In March 2012 Coutts was fined €9.73m for breaches of money laundering rules after three years of “serious” and “systemic” problems in handling the affairs of customers vulnerable to corruption because of their political links. In the Channel Islands and the Isle of Man, Coutts Crown Dependencies operates as a trading name of The Royal Bank of Scotland International Limited. However, the above information tells precisely the information needed. When Haakon VII and successors are using such exceptional service and still do it is because they hide something.

Queen Maud and Haakon VII received a substantial amount from the British royal family when they married along with a splendid property in England, and the British government paid Maud an annual fixed amount. King Haakon and the British monarchs quarrelled over Maud’s inheritance, and when she died in 1938, the Norwegian royal family forced to give up the beautiful British property, Appleton House at Sandringham. Norway’s then-Crown Prince Olav (King Harald’s father) born King Haakon, however, reportedly feared to provoke Norway’s sparse population at the time with their royal wealth. The family’s fortune has always toned down towards the simple, poor natives of Norway.

Queen Maud fortune is the exciting part 

Details the royal inheritances handed down by the late King Haakon and his wife, the former British princess Maud of Wales. Maud’s fortunes came mostly from gifts and estate from her father, King Edward VII, who in turn had inherited a chance and an empire from his mother, Victoria. Most of the private wealth now held by King Harald V, Queen Sonja and their family believed to initially have been based on an estimated £ 200.000 Maud herself inherited in 1925. One-pound sterling cost around 30 Norwegian kroner at the time estimated NOK 1.2 billion. Invested in shares abroad hidden from the Norwegian population, the overview of shareholdings at the end of 1937, showed investment in overseas railroads, gold mines, rubber, tobacco and automobiles, for example, in Rolls-Royce. Of course traded outside their habitats and territory, most naturally in London. (hand-written source letter to King Haakon in 1938 from Maud’s secretary and funds manager George Ponsonby)

The home In England

The value of the home Appleton House at Sandringham, England that Maud’s father had given the couple and where their only child, who became King Olav V, was born were eventually turned back over to the British royal family. Still, all its contents shipped to Norway, including precious items in silver and gold, art, jewellery, furniture, and other valuables, reported around 200,000 items. Approximately one thousand oil paintings, eighty gold and silver clocks and watches.

The royal properties

The royal properties include the royal palace, royal residences in Bergen, Stavanger and Trondheim, the summer estate Bygdø Kongsgård in Oslo and Oscars-hall said to be state-owned, however, likely trust agreement. Besides, privately-owned property including the crown prince couple’s estate at Skaugum, the King’s timber lodge near Holmenkollen in Oslo, the family’s large mountain lodge Prinsehytta, the crown prince couple’s holiday homes in Sørlandet and the mountains, and Queen Sonja’s coastal retreat on Tjøme. Value of the private properties totalling around NOK 650 million. 

Royal tax avoidance

Norway’s King Harald has inherited and accumulated a vast fortune over the years, the value of King Harald’s wealth estimated at as much as NOK 837 million after being adjusted for inflation and exchange rates. Even though neither King Harald, Queen Sonja nor Crown Prince Haakon pay tax on an annual grant from the Norwegian government around £29 state funds also used on maintenance and staffing at other private property.

Source and Useful Information

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