Meghan Markle, Prince Harry and their son Archie may moving to Canada but they still have obligations to the IRS. FOX Business’ Ashley Webster with more.
The taxman still cometh for the Duchess of Sussex.
Although Meghan Markle and the royal baby Archie split their living between the U.K. and Canada, as U.S. citizens they are still obligated to pay taxes to the U.S.
WHAT IS MEGHAN MARKLE'S NET WORTH
All U.S. citizens are required to pay U.S. income tax regardless of where you reside and where you earn your paycheck, according to the IRS. The former “Suits” star may also be obliged to disclose whether she holds foreign bank accounts.
Meghan Markle and Prince Harry after their wedding ceremony at St. George's Chapel in Windsor Castle in Windsor, near London, England, Saturday, May 19, 2018. (Jeff J Mitchell/pool photo via AP)
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Prince Harry and Markle recently gave up their royal duties to work toward becoming more financially independent. The decision led to high-level meetings between the prince and other members of the royal family.
The prince rejoined his family in Canada after two weeks.
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